Tag: Dissolution

Judicial Dissolution Is Not Easy: No, A Contrived Deadlock Will Not Get You There

David C. Tingstad, Edmonds Lawyer
David C. Tingstad
Oct 7, 2022
The Washington LLC Act provides “courts may order dissolution of a limited liability company whenever: (1) it is not reasonably practicable to carry on the limited liability company's activities in conformity with the certificate of formation and the limited liability company agreement; or (2) other circumstances render dissolution equitable.” RCW 25.15.274. This begs the question:… Read More

Dissolution Of An LLC In Washington State – What Happens?

David C. Tingstad, Edmonds Lawyer
David C. Tingstad
Feb 28, 2019
All limited liability companies embark upon journeys of varying length, activity, and consequence. Eventually, LLCs reach their journeys end and require dissolution. The process of dissolution and the time dissolution requires is different for every LLC, but what really happens with an LLC upon dissolution? Dissolution LLCs dissolve for a multitude of reasons. For example,… Read More