Dissolution Lawyers for Oklahoma
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Meet some of our Oklahoma Dissolution Lawyers
Howard B.
Berkson is a dedicated, practical, and detail-oriented attorney licensed to practice in every state court of Oklahoma and the United States Northern and Eastern District Courts. He graduated from the University of Tulsa College of Law with Honors. While there, he received awards for highest grade in trial practice, legal research, and civil procedure. He was also the Executive Notes and Comments Editor for the Energy Law Journal, the official journal of the Energy Bar Association in Washington, D.C. The Energy Law Journal is one of the few peer-reviewed journals in the legal profession. Prior to becoming an attorney, Howard Berkson held executive positions involving a wide range of business and human resources management functions. He has in-depth knowledge of both business and HR practices. During his business career, Berkson negotiated, wrote, red-lined, and disputed contracts. He has answered charges, handled inspections, and supervised audits involving numerous agencies including the Department of Labor, the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, and various state agencies. Berkson honed his analytical and writing skills while earning his Bachelor of Arts degree in Philosophy from the University of Washington. He went on to obtain a Master of Arts in Labor and Industrial Relations from the University of Illinois. Berkson’s work can be found in such publications as The Energy Law Journal, Human Resource Management Review and Personnel Psychology. He is a member of Phi Alpha Delta law fraternity and of Phi Kappa Phi honor society.
"Very easy and effective to work with. Howard knows what he is doing."
Travis D.
Travis counsels individuals and businesses on a broad range of complex topics. His practice centers on producing efficient, client-driven results. He concentrates his practice on real estate, construction, and general business matters with an emphasis on assisting clients both before and after problems occur by drafting contracts designed to best position clients to avoid disputes and litigating matters to a final resolution if problems emerge. Born and raised in Oklahoma, Travis is a triple graduate of the University of Oklahoma, having obtained his Bachelor of Arts, Master of Business Administration, and Juris Doctor degrees from OU. Prior to practicing law, Travis managed the finances and business operations of a successful construction supply company for several years. This insight into sophisticated business dealings, contractual issues, and strategic planning makes him uniquely qualified to handle a wide range of legal matters. Travis lives in Norman with his wife, Haley, dogs, Walter and Poppy, and cat, Ernest. Outside of the office, Travis enjoys playing golf and reading.
"What a great service! Will definitely recommend to family and friends!"
Max N.
Oklahoma attorney focused on real estate transactions, quiet title lawsuits, estate planning, probates, business formations, and all contract matters.
"I am so impressed with Max's work ethic, communication, and thoroughness. This is a five-start customer service experience and I look forward to continuing working with him as I grow my out of state investments in the state of Oklahoma (currently based in FL)"
Amber M.
Amber Masters has 11 years of experience as a contracts attorney, helping small businesses with an array of agreements, such as purchase agreements, master service agreements, and employment contracts. She has an extensive background assisting health care providers through practice transitions including dentists, doctors, and other health care professionals. She is a highly rated and acclaimed estate planning attorney and personal finance expert, who has been featured on CNBC, NBC, and Yahoo Finance. She successfully launched and sold a fintech startup and can empathize with the issues small and mid-size businesses face. Licensed in Oklahoma and Arizona.
"Great experience working with Ms. Amber. She was thorough, knowledgeable, and explained the contract terms and potential concerns very clearly. I really appreciated her practical recommendations and prompt communication. Highly recommend!"
Zachary D.
Helping small business owners meet their legal needs.
"Zachary was great to work with. Highly recommend for estate planning. Thanks so much!"
Alan B.
At Barker Law, we provide clients with superior service in trust, probate, and estate matters and litigation, contract drafting and review, outside general counsel services, negotiation, commercial litigation, and regulatory navigation. We confidently handle transactional and regulatory matters for businesses and individuals. As our feedback shows, we excel at meeting and exceeding our clients needs.
Elbert T.
Elbert Thomas is the founder of the Thomas Law Group, LLC. Elbert is proficient in contract creation, drafting, reviewing, and negotiating various business contracts and demand letters in industries such as construction, personal, professional services, non-profits, and real estate. Elbert typically represents small and large companies in drafting and negotiating countless agreements such as purchase sale agreements, interconnection agreements, lease agreements, demand letters, cease & desist letters, transfer of deeds in real property, and merger/acquisition agreements. In addition, Elbert is also experienced in start-ups, small business formation, drafting operating agreements, and estate planning.
"I enjoyed working with Elbert. He is thoughtful and willing to walk an ambiguous idea forward with you until there's clarity."
September 22, 2022
Sarah S.
I have a background in Criminal Law, Family Law, Contract Law, and Environmental Law. I also have five (5) degrees in the following: Here are my degrees and background: 1) B.S. in Environmental, Soil, and Water Sciences 2) A.S. in Pre-Medical Sciences (anatomy, physiology, medical terminology) 3) A.S. in Aircraft Non-Destructive Inspection (science of x-rays, cracks in metal, liquid penetrant, magnetic particle inspections, ultrasonic inspections, and spectrophotometric oil analysis) 4) Master's in Natural Resources Law Studies (1 year focus in the environmental and pollution laws (Hazardous Waste Laws such as RCRA, CERCLA, FIFRA, Natural Resource laws such as ESA, CWA, CAA, FWPCA, Environmental Law, Sustainable Development, and Global Climate Change issues) 5) Juris Doctor and certificate in Native American Law
June 12, 2023
Cannon M.
I am an Oklahoma-licensed lawyer with a focus on guiding startup companies through important early-stage questions, such as entity formation, corporate governance, and fundraising. In my previous role, I drafted Form 1-A offering circulars, Form C offering circulars, and private placement memoranda for startups seeking to raise capital.
September 11, 2023
Opeoluwa O.
I am a seasoned lawyer from Tulsa, Oklahoma. I have a passion for the intricacies of business law, and I have a specialized focus in assisting personal, real estate, and medical marijuana businesses in navigating the complex legal landscape and drafting various transactional documents, such as operating agreements, purchase contracts, real estate contracts, and many more.
September 11, 2023
Amber M.
Oklahoma Licensed Attorney
April 2, 2024
William B.
Presently, I am a civil rights and insurance litigation attorney with a focus on representation government entities. Prior to this, I’ve represented some of the largest financial institutions in the world in litigation.
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Browse Lawyers NowDissolution Legal Questions and Answers
Dissolution
C Corp
New York
Can a C-Corp be dissolved without distributing the remaining assets to the shareholders?
I am a shareholder in a C-Corp that has been struggling financially for several years, and it has become evident that the company is no longer viable. We have explored options for restructuring or selling the business, but it seems that dissolution may be the most appropriate course of action at this point. However, there is disagreement among the shareholders regarding the distribution of the remaining assets, and some are proposing that the assets should not be distributed at all. I am seeking legal advice to understand if it is possible to dissolve the C-Corp without distributing the remaining assets to the shareholders and what implications this may have for the shareholders and the company.
Danny J.
The dissolution of a C-Corp is a complex process governed by state laws and the company's bylaws. While it is generally expected that remaining assets would be distributed to shareholders after satisfying creditors, there are scenarios where this might not occur: 1. Asset distribution may be restricted if there are outstanding debts or legal obligations. 2. Some states allow for alternative distribution methods if specified in the articles of dissolution. 3. In certain cases, assets might be transferred to a trust or another entity for specific purposes. However, the implications of not distributing assets can be significant: - Potential breach of fiduciary duty claims - Tax consequences for the corporation and shareholders - Compliance issues with state corporate laws Given the complexity of your situation and the disagreement among shareholders, it would be prudent to have a thorough legal analysis of your specific circumstances. As an experienced corporate attorney, I could: 1. Review your company's bylaws and financial situation 2. Analyze applicable state laws regarding dissolution 3. Advise on potential legal risks and shareholder rights 4. Guide you through the dissolution process to ensure compliance Feel free to reach out to discuss your situation in more detail and explore the best course of action for your company's dissolution.
Dissolution
Dissolution Agreement
New York
Can you explain the process of Dissolution of Corporation and any potential liabilities that may arise from it?
I am a business owner and I am considering dissolving my corporation due to financial difficulties and a lack of profitability. I have already consulted with an accountant who advised me on the tax implications, but I am seeking legal advice to understand the specific steps involved in the Dissolution of Corporation process. Additionally, I would like to know if there are any potential liabilities that I need to be aware of, such as unpaid debts or legal claims, and how to properly address them to minimize any personal liability.
Danny J.
The process of dissolving a corporation involves several critical steps and potential liabilities that require careful consideration: 1. Approval Process: - Board of directors must adopt a resolution to dissolve - Shareholders typically need to vote on and approve the dissolution - Your corporation's bylaws may specify required approval percentages 2. Filing Requirements: - File dissolution documents with state agencies (e.g., Secretary of State) - Cancel licenses, permits, and registrations at local, state, and federal levels 3. Notifying Creditors: - Provide notice to known and unknown creditors - Follow state-specific requirements for notice content and deadlines 4. Settling Debts and Distributing Assets: - Pay off all corporate debts and taxes - Distribute remaining assets to shareholders 5. Tax Obligations: - File final tax returns at federal, state, and local levels - Obtain tax clearance if required by your state Potential liabilities to be aware of include: 1. Personal Liability for Corporate Debts: - Directors may be held personally liable if corporate assets are distributed without adequately providing for liabilities 2. Ongoing Liability for Claims: - The corporation may remain liable for claims arising before or after dissolution - Shareholders might face limited liability for such claims, typically up to the amount of assets distributed to them 3. Tax Liabilities: - Ensure all tax obligations are met to avoid personal liability for unpaid taxes 4. Contractual Obligations: - Review and address any ongoing contractual commitments Given the complexity of the dissolution process and the potential for personal liability, it's crucial to approach this matter with great care. Each state has specific requirements, and your corporation's governing documents may add additional complexities. To protect yourself and ensure a proper dissolution, I strongly recommend working with an experienced business attorney who can: 1. Review your specific situation and corporate documents 2. Guide you through the dissolution process step-by-step 3. Help you navigate potential liabilities and minimize personal risk 4. Ensure compliance with all legal and regulatory requirements Would you like to discuss your specific circumstances in more detail? I can provide tailored guidance on how to proceed with the dissolution process while protecting your interests.
Dissolution
C Corp
Massachusetts
What are the legal steps and requirements for dissolving a C-Corp?
I am the CEO of a technology startup that has been operating as a C-Corporation for the past five years. Due to financial challenges and a significant decrease in revenue, our board of directors and shareholders have unanimously decided to dissolve the company. However, as a non-legal professional, I am not familiar with the legal process and requirements for dissolving a C-Corp, including notifying the IRS, settling outstanding debts and obligations, filing dissolution documents, and distributing assets to shareholders. I would greatly appreciate your guidance on the legal steps involved and any potential pitfalls or issues we should be aware of during the dissolution process.
Richard G.
Dissolving a corporation in Massachusetts involves a series of steps to ensure that the process is legally compliant and that the corporation’s affairs are properly settled. Here’s a general outline of some of the process, but you should consult with a corporate attorney/business attorney such as myself: 1. Board Approval - **Board of Directors’ Resolution:** The board of directors must approve a resolution to dissolve the corporation. This resolution should outline the reasons for dissolution and the plan for winding up the corporation's affairs. 2. Shareholder Approval - **Shareholder Meeting:** Hold a meeting of the shareholders to vote on the dissolution. In most cases, a majority of the shareholders must approve the dissolution, although the corporation’s bylaws or articles of incorporation might require a higher percentage. 3. File Articles of Dissolution - **Prepare and File:** File the Articles of Dissolution (Form DSF 28) with the Massachusetts Secretary of the Commonwealth’s office. You can download the form from the Secretary of State's website or file it online. - **Fee:** There is a filing fee associated with this form. 4. Settle Debts and Obligations - **Pay Debts:** Ensure that all the corporation’s debts and obligations are paid. This includes taxes, loans, and other liabilities. - **Distribute Assets:** After settling debts, distribute any remaining assets to shareholders according to their ownership interests. 5. File Final Tax Returns - **Federal and State Tax Returns:** File final federal and state tax returns for the corporation. Indicate that these are the final returns and that the corporation is dissolving. - **Clearances:** Obtain any necessary clearances from state tax authorities, if applicable. 6. Cancel Permits and Licenses - **Cancel Business Licenses:** Cancel any business licenses, permits, or registrations that the corporation holds. ### - **Notice to Creditors:** Notify creditors of the dissolution. This can help to ensure that all claims are resolved before finalizing the dissolution. 8. **Close Bank Accounts** - **Close Accounts:** Close the corporation’s bank accounts and settle any remaining transactions. 9. **Document Retention** - **Keep Records:** Retain the corporation’s records for a period of time as required by law, typically several years. Additional Notes: Legal and Financial Advice: It’s often advisable to consult with a legal or financial advisor to ensure that all aspects of the dissolution are handled properly. Publication: Massachusetts doesn’t generally require publication of dissolution, but local regulations or specific business needs might necessitate it. Completing these steps ensures that the dissolution process is handled smoothly and in compliance with Massachusetts law. Contact me if you have further questions specific to your company as this article is not a complete article.
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Dissolution lawyers by top cities
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Dissolution lawyers by nearby cities
- Broken Arrow Dissolution Lawyers
- Norman Dissolution Lawyers
- Oklahoma City Dissolution Lawyers
- Tulsa Dissolution Lawyers
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