Roquemore Skierski provides Fort Worth business owners with guided business dissolution assistance.
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Fort Worth Business Dissolution Lawyer
Free Consultations | 100+ Years of Combined Experience | 24/7 Availability
Roquemore Skierski provides Fort Worth business owners with guided business dissolution assistance.
Free Consultations | 100+ Years of Combined Experience | 24/7 Availability
Business dissolution is the legal process of formally ending or unwinding a business entity. It can arise for a variety of reasons—voluntarily through agreement, involuntarily through court order, or automatically due to expiration or ongoing disputes. Whether the closure stems from strategic restructuring or internal conflict, the process involves legal, financial, and regulatory issues that require professional guidance.
Roquemore Skierski’s Fort Worth business dissolution attorneys counsel owners, executives, and investors across Tarrant County and throughout Texas. Our clients are actively involved in their businesses—they’re builders, professionals, and entrepreneurs who need counsel that’s practical, informed, and outcome-driven.
When you work with our firm, you gain clarity and direction at every stage of the process. Whether you’re defending your company from a claim or taking steps to dissolve it properly, we create strategies grounded in real-world business realities. We understand what’s at stake—your assets, your time, your reputation, and the future of your enterprise—and we fight to protect them.
Business dissolution is the legal process of formally ending a company’s existence under Texas law. It can be voluntary, when owners decide to close operations, or involuntary, when the state or a court requires it. The goal is to eliminate ongoing legal obligations and ensure the entity is no longer responsible for taxes, filings, or contractual duties.
For Fort Worth companies, the process often involves notifying the Texas Secretary of State, closing local and state tax accounts, and informing suppliers, landlords, and lenders. Simply ceasing operations is not enough—until legal dissolution is completed, the entity continues to incur fees and reporting duties. Formal dissolution protects you from those continuing liabilities and allows for an orderly wrap-up.
Shutting down a business typically involves three main steps:
After the dissolution resolution is approved, the “winding up” phase begins. This includes collecting receivables, resolving creditor claims, canceling contracts and leases, and issuing final employee pay and benefits. Business owners should also reconcile bank accounts, store records for the statutory period, and clear any liens or secured obligations.
Only once debts are resolved should remaining assets be distributed under the company’s governing documents. In Fort Worth, businesses may also need to cancel local business permits, sales tax numbers, and any assumed name filings in Tarrant County. If your business operated across state lines, withdrawals from foreign registrations are also required to stop ongoing obligations.
Voluntary dissolution occurs when owners choose to end operations and dissolve the entity, while involuntary dissolution results from a legal or administrative action, often due to non-compliance or dispute.
Involuntary or administrative dissolutions can result from failing to file reports, pay franchise taxes, or maintain a registered agent. Even after an involuntary action, an entity usually retains authority to wind up its affairs, but reinstatement deadlines can be strict. Voluntary dissolutions, by contrast, give owners the chance to plan ahead, negotiate final settlements, and protect personal liability.
Dissolving a Texas business generally occurs in two stages: winding up internal affairs and formally filing termination documents with the Secretary of State. The winding-up process may last from several weeks to a few months, depending on the size and complexity of the company’s operations. Filing the Certificate of Termination is usually completed within a few business days.
The total timeline depends on how quickly you can secure tax clearance from the Comptroller, resolve outstanding accounts, and conclude contracts. Fort Worth business owners with multi-state registrations should also account for time to withdraw from other states, which prevents future annual fees or penalties.
When a company dissolves, its obligations do not automatically vanish. Debts, leases, and contractual duties remain enforceable until properly settled. Creditors can still seek payment, and many agreements include “survival” provisions that extend after dissolution—such as indemnity, confidentiality, and dispute-resolution clauses.
Business owners in Fort Worth should carefully review existing contracts to determine whether they can be assigned, terminated, or renegotiated. Personal guarantees signed by owners also remain binding even after the entity dissolves. Properly closing out these agreements protects against future collection actions and personal exposure.
Before filing for termination with the Secretary of State, Texas businesses must first obtain tax clearance from the Comptroller’s office. This requires paying any outstanding franchise or sales taxes and filing final reports. You must also complete final federal tax filings with the IRS, including reporting capital gains or losses from asset sales.
For federal purposes, corporations submit a final Form 1120, partnerships file Form 1065 with final Schedule K-1s, and employers must issue final W-2s and 1099s. Texas businesses also close payroll and unemployment tax accounts and may need to file a Public Information Report as part of the franchise tax closure. Once these obligations are met and your Certificate of Account Status is issued, you can file a Certificate of Termination to finalize dissolution.
Our Fort Worth business dissolution lawyers help businesses and partnerships make a clean break
Partnership divorce refers to the legal separation of business partners due to disputes, changing goals, or ownership transitions. It often involves dividing assets, resolving debts, and restructuring operations. Our Fort Worth attorneys help clients navigate these complex separations, protect their interests, and structure enforceable agreements for exit or buyout.
Voluntary dissolution occurs when owners decide to close a business intentionally—often due to retirement, strategic realignment, or shifting markets. A properly handled voluntary dissolution prevents lingering liability and ensures compliance with Texas law. Our firm provides start-to-finish guidance to make the process orderly and predictable.
Involuntary dissolution happens when the state or a court compels a business to shut down, typically due to internal deadlock, regulatory violations, or unresolved conflict. This process can be disruptive if not managed carefully. Our attorneys represent clients in involuntary dissolution actions to preserve ownership rights and minimize financial harm.
Judicial dissolution occurs when a court orders the termination of an entity because partners or shareholders are deadlocked or rights are being violated. These cases can involve complex litigation over control and valuation. Our Fort Worth business dissolution lawyers litigate judicial dissolution actions to protect our clients’ positions and pursue equitable resolutions.
Some businesses automatically expire when they reach the term stated in their formation documents. Even in these cases, formal steps must be taken to wind down properly. Our attorneys help clients close out remaining obligations, distribute assets, and file the necessary paperwork to ensure compliance.
Administrative termination occurs when the state dissolves a business for failing to meet ongoing compliance requirements—such as paying franchise taxes or filing annual reports. Our firm assists business owners in correcting administrative issues, reinstating good standing where possible, or completing an orderly closure when necessary.

Business Dissolution Lawyer
Our client, an owner operator, engaged us to negotiate and execute the sale of her hospice in Mequite, Texas to a national entity for $450,000. We coordinated due diligence and sucessfully negotiated the final terms of a deal and transition, so patient care continued without interruption and existing staff remained in place.
Our client started a retail business with two partners. Without his knowledge, his partners excluded him from ownership paperwork and used his personal credit card to cover business expenses, and charged nearly $25,000 to the account. After filing a demand letter and TRO, our client was able to recover the misused funds.
Our client, the largest tenant in a development, signed a lease with landlord who subsequently sold the property to a new landlord. The new landlord harrassed our client and fabricated a reason to terminate his lease, destroying our Client’s business. Roquemore Skierski was hired to collect damages.
Our client entered into an agreement with the defendant to perform fulfillment services for a fee. Despite a clear obligation, the defendant breached the contract by failing to pay. Roquemore Skierski was been retained to collect what was due under the contract, including damages, unjust enrichment and promissory estoppel.
Our client, a commercial landlord, settled with a former tenant who breached his lease with an executed agreed judgement. The tenant subsequently breached the terms of his settlement, and Roquemore Skierski was hired to handle the post-judgment collection of the amounts due under the judgment.
Our client, a physician, sold his practice and LLC by a promissory note and purchase agreement for $682,000. After closing the deal, the buyer defaulted on their promissory note and failed to make payments. Roquemore Skierski PLLC was hired to enforce the contractural rights, including damages, under the transaction documents.
Our client, a physician, sold his medical practice, but continued as the landlord to the practice as he owned the building. The buyer of his practice and new tenant defaulted on a 20 year lease after two months. Roquemore Skierski was hired to enforce the lease agreement and collect monetary damages for the breach of contract.
Our client invested $50,000 with an investment advisor, who subsequently stopped communicating with clients. Roquemore Skierski was hired to bring claims of fraud, breach of fiduciary duty, and breach of contract, and secured a judgment against the advisor for principal paid, the promised return on investment, and attorneys’ fees.
Our client, a large corporate contractor, performed fiber optic work pursuant to a sub-contractor agreement with a general contractor. The general contractor withheld funds of $200,000 for the work our client performed. Roquemore Skierski was hired to enforce our clients’ contractual rights against the general contactor.
Our client, a commercial lender purchased a defaulted $485,000 note and deed of trust from the originating lender. Upon noticing foreclosure, the debtor filed a lawsuit claiming wrongful foreclosure and secured a TRO. Roquemore Skierski was hired to defend the lawsuit and respond to the TRO, which had dissolved.
Our clients entered into a startup business to buy and sell real estate. The parties secured a loan to fund operations, which the defendant immediately diverted to a separate company. Although he initially repeatedly promised to return the money, he stopped responding to our clients. Roquemore Skierski was hired to recover the stolen funds.
Roquemore Skierski provides steady, experienced legal counsel to Fort Worth businesses navigating change. Our business litigation attorneys understand the pressures owners face and offer strategic guidance designed to protect your interests and minimize risk.
We blend practical business insight with deep legal knowledge to tailor solutions for each client. Our focus is always on helping you safeguard your assets, maintain compliance, and move forward with confidence.
Whether you’re planning a voluntary wind-down or responding to a forced closure, our Fort Worth business dissolution lawyers will guide you through every step of the process. We help Texas business owners resolve disputes, fulfill legal obligations, and achieve a clean, compliant break. Contact us today to discuss your next steps with an experienced attorney.
While our business litigation attorneys are based in downtown Dallas, we proudly serve business owners in the Fort-Worth area, including in Colleyville, Keller, Mansfield, North Richland Hills, Roanoke, Southlake, Trophy Club, and beyond. Whether your company is facing a contract dispute, partnership conflict, or other commercial challenge, we deliver strategic counsel and strong representation across the DFW Metroplex.