Can a Dissolved Corp file Ch 7
Posted: Tue Jun 30, 2015 12:38 pm
Don't think you can file any type of case for a dissolved corp. If there is some kind of reviver, I have never learned it. If someone else knows, please post the method.
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Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice
> On Jun 29, 2015, at 10:15 PM, Giovanni Orantes go@gobklaw.com [cdcbaa] wrote:
>
> I recall you can file an 11 to wind down the business and you can probably sell the license at a fair market value and probably subject to overbid. >
>> On Mon, Jun 29, 2015 at 8:47 PM, Michael Avanesian michael@avanesianlaw.com [cdcbaa] wrote:
>>
>> Corporation filed Chapter 7 to "release contractor's license." Subsequently, it wound down the business and dissolved. Judge Russell sanctioned attorney 20k for filing the bankruptcy. Affirmed by BAP.
>>
>> http://cdn.ca9.uscourts.gov/datastore/b ... 2-1307.pdf
>>
>> The other problem you will have is the corporation is not entitled to a discharge outside of Chapter 11. So are you going to be doing some kind of Chapter 11? If not, why is the board going to release the license? Sure you may be able to reinstate it during the pendency of the case but you're not allowed to operate the business while the case is ongoing.
>>
>> Why not start a new company?
>>
>>
>> Sincerely,
>>
>> Michael Avanesian, Esq.
>> Simon Resnik Hayes, LLP
>> 15233 Ventura Blvd., Suite 250
>> Sherman Oaks, CA 91403
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>>
>>
>>> On Mon, Jun 29, 2015 at 7:08 PM, 'Steven B. Lever' sblever@leverlaw.com [cdcbaa] wrote:
>>>
>>> A corporation needs to file Chapter 7 so the Contractors License Board can release the license.
>>>
>>>
>>>
>>> However, the client dissolved the corporation with the Secretary of State.
>>>
>>>
>>>
>>> Does it exist and have standing to file Chapter 7?
>>>
>>>
>>>
>>>
>>>
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>
> --
> Giovanni Orantes, Esq.*
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