dissolution https://bankruptcy.cooley.com The Business Bankruptcy Blog Tue, 16 Feb 2016 16:37:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://bankruptcy.cooley.com/wp-content/uploads/2025/01/cropped-cropped-favicon-1-1-192x192-1-60x60.png dissolution https://bankruptcy.cooley.com 32 32 The Venture-Backed Company Running Out Of Cash: Fiduciary Duties And Wind Down Options https://bankruptcy.cooley.com/2016/02/articles/the-venture-backed-company-running-out-of-cash-fiduciary-duties-and-wind-down-options/ Tue, 16 Feb 2016 16:37:42 +0000 http://bankruptcy.cooley.com/?p=3030 Many start-up companies backed by venture capital financing, especially those still in the development phase or which otherwise are not cash flow breakeven, at some point may face the prospect of running out of cash. Although many will timely close another round of financing, others may not. This post focuses on options available to companies when investors have decided not to fund and the company…

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]]> You Say You Want A Dissolution: An Overview Of The Formal Corporate Wind Down https://bankruptcy.cooley.com/2015/02/articles/you-say-you-want-a-dissolution-an-overview-of-a-formal-corporate-wind-down/ Tue, 24 Feb 2015 16:02:27 +0000 http://bankruptcy.cooley.com/?p=2758 Winding Down. If a corporation’s board of directors decides that the business needs to be wound down, there are a number of legal paths to consider. Determining the best approach is fact-dependent, and the corporation and its board should get legal advice before making a decision. Sometimes a bankruptcy filing is needed, either a Chapter 11 reorganization (perhaps to complete a going-concern sale)…

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