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Who Can Decide to Voluntarily Dissolve a Corporation

A corporation can decide that is no longer wants to do business, but in order to make this decision someone must act.  Depending upon the circumstances or the corporate bylaws, voluntary dissolution can be initiated by shareholder action, by action initiated by the board of directors, or where no directors are in place by the incorporators.  Generally, the decision to dissolve a corporation rests with the corporation’s shareholders. Briefly, here is a description of the three ways that voluntary dissolution of a corporation can occur. 1. Shareholder Action: According to Corporations Code section 1900(a) shareholders holding at least 50% of the voting shares of the corporation may elect to voluntary windup and dissolve a corporation at any time.  Because this is a fundamental right, Corporations

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Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

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Super Lawyers

Zachary Schorr Superlawyers

Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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If you are currently involved in a real estate dispute, either commercial real estate or residential, and are looking for a Real Estate Attorney in Los Angeles with a cost-effective, results oriented approach designed to meet your case's specific needs, contact the attorneys at Schorr Law. Our real estate firm has the specific knowledge and experience necessary to get you the best possible results.

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Zachary Schorr Avvo Rating

Avvo Clients’ Choice Award Recipient

Zachary Schorr Avvo Client's Choice Award