Roquemore Skierski PLLC

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Arlington Business Dissolution Lawyer

Roquemore Skierski provides Arlington business owners with guided business dissolution assistance. 

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Arlington Business Dissolution Lawyer

Business dissolution is the legal process of closing or winding down a business entity in a formal and compliant manner. Companies in Arlington pursue dissolution for various reasons, including strategic shifts, owner disagreements, compliance concerns, or the natural expiration of the business structure. Whether the decision is voluntary or driven by internal challenges, dissolution creates legal and financial obligations that require careful planning and experienced guidance.

 

Roquemore Skierski PLLC’s Arlington business dissolution lawyers support owners, executives, and investors throughout southern Tarrant County and surrounding areas. Our clients tend to be hands-on operators who understand their businesses deeply and value clear, practical counsel that helps protect their investment and future opportunities.

 

When we handle a dissolution matter, we prioritize structure and transparency. Whether your business needs defensive legal measures or a planned wind-down, we build strategies that reflect your financial and operational realities. We understand the significance of the process. Your reputation, finances, and long-term plans depend on an orderly dissolution, and we work to preserve each of these interests.

What business dissolution involves

Business dissolution is the formal termination of a company’s legal existence under Texas law. Owners may choose to initiate dissolution voluntarily, or it may occur involuntarily as a result of administrative action or court intervention. After completion, the entity no longer incurs franchise taxes, filing requirements, or penalties tied to ongoing status.

 

For Arlington companies, the process typically includes filing with the Texas Secretary of State, closing applicable tax accounts, and notifying lenders, landlords, vendors, and other parties. Stopping operations alone does not end legal liability. Until each statutory requirement is complete, the company continues to face obligations.

The Steps required to shut down a company in Arlington

Closing a business involves three primary steps:

 

  • Legally dissolving the company in the state of formation
  • Winding up the company’s remaining affairs
  • Closing out and distributing assets to owners or investors

Once dissolution is authorized, the winding-up phase begins. This stage includes collecting receivables, settling creditor claims, reviewing contracts and leases, and issuing final payments to employees. Owners should reconcile financial accounts, preserve records as required by law, and satisfy secured obligations so that liens may be released.

 

Only when all debts and liabilities are resolved should remaining assets be distributed according to the governing documents. Arlington businesses may also need to close payroll and sales tax accounts, terminate assumed names on file with Tarrant County, and withdraw registrations in other states where they previously operated.

How voluntary and involuntary dissolution differ

Voluntary dissolution takes place when owners elect to close the business through internal procedures defined by company documents. Involuntary dissolution occurs when the state or a court takes action due to compliance issues, unresolved disputes, or organizational failures.

 

Administrative or involuntary dissolution can arise when a business fails to submit required filings, maintain a registered agent, or remain in good standing. Even after involuntary dissolution, entities generally maintain authority to wind up affairs, although reinstatement timelines may apply. Voluntary dissolution gives owners greater control and allows for more orderly preparation.

How long it takes to dissolve a Texas business

The dissolution timeline in Texas consists of two parts. The first is the winding-up process, which may last several weeks or months depending on the complexity of the business and the amount of outstanding obligations. The second involves filing the Certificate of Termination with the Texas Secretary of State, which is typically processed within a few business days once tax clearance has been obtained.

 

The overall timeline varies based on the speed at which obligations are resolved, the Comptroller’s processing of tax clearance, and whether the business must withdraw from other states. Arlington businesses with multi-state operations should anticipate additional time to complete foreign withdrawals.

What happens to debts and contracts after dissolution

Dissolving a business does not eliminate outstanding financial or contractual obligations. Creditors may continue to seek repayment, and agreements such as leases or service contracts remain enforceable until released or terminated. Many commercial contracts include survival provisions related to confidentiality, indemnity, and intellectual property, which extend beyond dissolution.

 

Arlington business owners should evaluate all agreements to determine whether they can be assigned, renegotiated, or concluded. Personal guarantees typically remain binding. Ensuring that liens are released and secured obligations are resolved helps prevent future disputes and limits exposure.

Our Arlington business dissolution lawyers help businesses and partnerships make a clean break

Partnership divorce arises when business partners separate due to conflict, changes in strategy, or financial concerns. The process may involve distributing assets, settling liabilities, and restructuring responsibilities. Roquemore Skierski PLLC assists Arlington clients in protecting their interests and forming enforceable exit arrangements.

Voluntary dissolution occurs when owners intentionally choose to wind down the business. Common reasons include retirement, market changes, or strategic realignment. A properly managed voluntary dissolution reduces exposure to liability and ensures compliance with Texas regulations. Our attorneys guide clients through each step.

Involuntary dissolution occurs when a business is required to close due to compliance failures, governance issues, or legal disputes. These events can be disruptive without appropriate planning. Roquemore Skierski PLLC assists Arlington businesses in addressing involuntary dissolution matters to preserve ownership interests and limit financial disruption.

Judicial dissolution takes place when a court orders a business to close because of deadlock, oppressive conduct, or operational breakdown. These cases often involve disputes over valuation, control, and future governance. Our attorneys represent clients seeking or defending against judicial dissolution actions.

Some companies automatically dissolve when the term stated in their formation documents expires. Even then, owners must wind up affairs, satisfy obligations, and complete remaining filings. We help Arlington clients complete these requirements and close out operations appropriately.

Administrative termination occurs when the state dissolves a business for noncompliance, such as missed filings or unpaid fees. This can interrupt financing, contracting, and ongoing operations. Roquemore Skierski PLLC helps businesses correct compliance issues, pursue reinstatement when possible, or complete an organized closure when reinstatement is not available.

Attorney Kelvin Roquemore

Kelvin Roquemore

Business Dissolution Attorney

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Navigating a business dissolution is difficult

Roquemore Skierski PLLC provides structured dissolution and business litigation support to companies throughout Arlington and nearby communities. Our attorneys understand the challenges businesses face during dissolution and offer guidance aimed at protecting long-term stability.

 

We combine detailed legal knowledge with a tailored approach that reflects each client’s operational and financial circumstances. Our mission is to help business owners safeguard their interests and move forward with clarity.

 

Whether you are planning a voluntary wind-down or responding to a required closure, our Arlington business dissolution lawyers are prepared to guide you through each stage. We help Texas business owners consider their options, manage the legal process, and complete a compliant and orderly exit.

While our business litigation attorneys are based in downtown Dallas, we proudly serve business owners in the Arlington area, including in Bedford, Euless, Hurst, 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.