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Application for Reinstatement of Lapsed State of Delaware Form

Application for Reinstatement of Lapsed State of Delaware Form

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Instructions and help about Application For Reinstatement Of Lapsed State Of Delaware

foreign [Music] Bullock I'm a partner in The transactional Practice Group at Baker McKenzie I'm here today to give you an overview of how to dissolve a Delaware limited liability company one of the first steps you need to do is due diligence confirm that the LLC is solvent and is in good standing if not there are some rectifying steps that will need to be they'll need to take place before the dissolution next you need to identify the current assets and liabilities of the limited liability company including whether or not it has any employees or existing contractual relationships it's important to confirm that these items are properly transferred out prior to the dissolution a lot of times we are told an entity is dormant and it doesn't have any of these items however at the very usually recommend pulling a balance sheet of the entity to see if there are any intercompany positions or balances that should be dealt with prior to the dissolution ofte

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