Construction Company Involuntary Dissolution
Aug 16, 2016OUTCOME: Settled
Successfully represented 50% shareholder in forcing involuntary dissolution of construction company.
Irvine, CA
Real estate Lawyer at Irvine, CA
Practice Areas: Real Estate, Construction & Development, Employment & Labor
OUTCOME: Settled
Successfully represented 50% shareholder in forcing involuntary dissolution of construction company.
OUTCOME: Company liquidated.
A large, family-owned manufacturing company was seeing sales slow due to the recession and was unable to meet its crushing debt service. Before hiring Mr. Stone, the company was unable to find a suita ... ble buyer and thought bankruptcy was inevitable. After careful analysis Mr. Stone was able to break the company into smaller units and sell off each one-by-one. The cash proceeds of the unit sales exceeded the client’s expectations by a factor of 10x. Call Mr. Stone to learn how Nowland Stone LLP can delivery results for you.
OUTCOME: Recovery of twice (double) the deposit amount for client.
A client of Mr. Stone paid a deposit at the time of executing a written real estate agreement. The deal fell through and client's deposit was retained.
OUTCOME: Corporation Successfully Wipes Out All Debts
A once successful real estate brokerage found themselves saddled with debt and several lawsuits resulting from the downturn in the real estate market. Mr. Stone was able to take the client-debtor throu ... gh a Chapter 7 Bankruptcy in order to discharge the debt and liabilities brought on by these difficult economic conditions.
OUTCOME: Successful Merger
Three independent companies were faced with mounting expenses and increased debt-carry costs in light of the economic downturn. Mr. Stone was able to help all three entities by orchestrating an inter- ... species reverse-triangulated merger to create one operating unit thus eliminating redundant operating costs and saving the new entity tens of thousands of dollars over the costs of operating as separate companies and thereby creating a boost to shareholder value.
OUTCOME: Settled for undisclosed sum.
A dispute between two parties on title to the same parcel of real property arose out of the allocation improvement and maintenance costs precipitated by the real estate market crash.