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WebThe California Supreme Court has ruled that whether a dissolved corporation may be sued in California depends on the law of the state of incorporation, which is often more protective than California law. The decision could help stem plaintiff forum-shopping and allow insurers to “close the books” on liabilities of such corporations. In Greb v. The second situation is if the investors of the dissolved company have money. Generally, the investors in a company are not personally liable for the debts of the company. As noted above, companies are legal entities in their own right, separate and apart from their investors. So as a separate entity, the … See more Suppose you are a server at a restaurant. You show up to work one evening and find that the doors are locked. You call your manager to find out what's going on, and your boss tells you … See more Let's start at the beginning. A company is a legal entity created by state law. Technically, there are two types: a corporation and a limited liability company (LLC). They … See more The general rule used to be that when a company dissolves it no longer legally exists. That means you could no longer sue it. But over time, at least two exceptions to this … See more Generally, the voluntary dissolution processinvolves seven steps for a company in "good standing." Good standing means they file the proper tax returns, annual reports, and otherwise comply with state … See more Web17 hours ago · Key court ruling does not restrict abortion pill access in 17 states, Washington state AG says. U.S. appeals court allows abortion pill mifepristone to stay on … northfield hpc