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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co.

You’ve worked hard to get where you are today, and you owe it to yourself to protect what you have, your investment, and your future with sound legal advice.

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In finance and economics, liquidation is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations as and when they come due. Bankruptcy Code governs liquidation proceedings; solvent companies can also file for Chapter 7, but this is uncommon.

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KCC is not in the business of providing professional or legal advice with respect to this website service and this website service should not be relied on as a substitute for financial, legal or other professional advice.We work with you to minimize your risks, protect your interests, and to offer you common-sense business solutions.We assist Wisconsin and out-of-state business clients who need legal guidance in the practice areas of business law, business and civil litigation, real estate, landlord/tenant issues, copyright and trademarks, and bankruptcy. While the end result was one that was probably fair, and most likely would have been the agreement of the parties, this case highlights yet another reason to make sure that for all entities, Corporate, LLC, or Partnership there is a written agreement as to what occurs during dissolution and how the profits are to be split.KCC's Corporate Restructuring Court Documents Search provides access to thousands of historical court documents located on KCC public access websites.

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