Roquemore Skierski provides Frisco business owners with guided business dissolution assistance.
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Frisco Business Dissolution Lawyer
Free Consultations | 100+ Years of Combined Experience | 24/7 Availability
Roquemore Skierski provides Frisco business owners with guided business dissolution assistance.
Free Consultations | 100+ Years of Combined Experience | 24/7 Availability
Business dissolution is the legal process of bringing a business entity to a formal close. Companies in Frisco may dissolve for a variety of reasons, including ownership changes, strategic realignment, internal disputes, compliance failures, or the expiration of governing terms. Whether the decision is deliberate or triggered by operational challenges, dissolution creates legal and financial responsibilities that require organized planning and sound legal support.
Roquemore Skierski PLLC’s Frisco business dissolution lawyers work with owners, executives, and investors throughout Frisco and the surrounding North Texas business community. Our clients are often closely involved in daily operations and rely on guidance that is practical, detailed, and focused on protecting stability during a transition.
When we take on a dissolution matter, our focus is on clarity and structured decision-making. Whether your situation requires protective measures or a planned wind-down, we design strategies that reflect the realities of your business. We understand what is at stake. Your finances, reputation, time, and future plans depend on a careful dissolution, and we work to safeguard those interests.
Business dissolution is the formal legal termination of a company under Texas law. This can occur voluntarily through a decision by the owners or involuntarily through administrative action or court involvement. Once dissolved, the entity no longer accumulates franchise taxes, filing obligations, or statutory penalties.
For Frisco businesses, the process typically includes filing with the Texas Secretary of State, closing franchise and other state tax accounts, and coordinating with banks, landlords, vendors, and creditors. Halting operations alone does not end liability. Unless all legal steps are completed, the business continues to incur obligations and risk.
Closing a business generally involves three central steps:
Once dissolution is authorized, the winding-up period begins. This phase involves collecting outstanding receivables, addressing creditor claims, reviewing and concluding leases or service contracts, and issuing final employee wages or benefits. Owners should reconcile accounts, store records as required, and resolve secured obligations to release liens.
Only after debts and obligations have been settled should remaining assets be distributed based on the operating agreement, bylaws, or partnership agreement. Frisco businesses may also need to terminate assumed names in Collin or Denton County, close sales tax and payroll accounts, and end registrations in other states where they conducted business.
Voluntary dissolution occurs when owners decide to end operations following the procedures outlined in their governing documents. Involuntary dissolution happens when the state or a court initiates closure because of compliance failures, disputes, or operational issues.
Administrative or involuntary dissolution may occur when a business misses required state filings, fails to maintain a registered agent, or falls out of good standing. Even after involuntary dissolution, an entity typically retains authority to wind up its affairs, although reinstatement deadlines can apply. Voluntary dissolution allows owners to plan ahead, settle obligations, and complete the process with greater control.
The dissolution timeline in Texas consists of two main phases. The first involves winding up the company’s internal affairs, which can take several weeks or months depending on the size of the business and the number of outstanding obligations. The second involves filing the Certificate of Termination with the Texas Secretary of State, which is usually processed within a few business days if tax clearance has been obtained.
The total time depends on how quickly the business resolves debts, receives Comptroller clearance, and withdraws from other states if required. Frisco businesses with multi-state operations should plan for additional time to complete these steps.
Dissolving a business does not eliminate existing financial or contractual responsibilities. Creditors may still pursue repayment, and agreements such as leases or vendor contracts remain binding unless renegotiated or terminated. Many business agreements include survival clauses for confidentiality, indemnity, and intellectual property obligations that continue even after dissolution.
Frisco business owners should review each contract to determine whether obligations can be assigned, negotiated, or ended. Personal guarantees often remain enforceable. Clearing liens and resolving secured obligations helps prevent future claims and reduces the risk of personal liability.
Our Frisco business dissolution lawyers help businesses and partnerships make a clean break
Partnership divorce occurs when business partners part ways due to conflict, strategic change, or long-term differences. The process often involves separating assets, resolving liabilities, and reallocating responsibilities. Roquemore Skierski PLLC helps Frisco clients protect their interests and bring structure to partnership separation.
Voluntary dissolution occurs when owners intentionally wind down business operations. This can stem from retirement, market changes, new opportunities, or strategic decisions. When managed properly, voluntary dissolution reduces liability and ensures compliance with Texas law. Our attorneys help guide clients through each stage of the process.
Involuntary dissolution occurs when a business is required to close due to statutory issues, disagreements among owners, or court intervention. These events can escalate quickly if not handled with care. Roquemore Skierski PLLC assists Frisco businesses facing involuntary dissolution by protecting ownership interests and minimizing disruptions.
Judicial dissolution takes place when a court determines that a business cannot continue operating due to deadlock, oppressive conduct, or governance failures. These matters often involve disputes over valuation, control, or operational direction. Our attorneys represent clients who seek judicial dissolution or who must defend against such requests.
Some businesses automatically dissolve when the period listed in their formation documents expires. Even in these cases, owners must complete the full winding-up process and satisfy outstanding obligations. Our firm assists clients with completing these steps so that the business closure remains compliant and orderly.
Administrative termination occurs when the state dissolves a business for missed filings, unpaid fees, or failure to maintain good standing. This can disrupt financing, contracts, and day-to-day operations. Roquemore Skierski PLLC helps businesses resolve compliance issues, pursue reinstatement when appropriate, or complete a controlled closure when reinstatement is unavailable.

Business Dissolution Attorney
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 PLLC provides structured counsel to businesses throughout Frisco and surrounding communities that are approaching a dissolution. Our attorneys understand the practical and legal pressures companies face during these transitions 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 goal is to support business owners as they safeguard their interests and move forward with clarity.
Whether you are planning a voluntary wind-down or responding to a required closure, our Frisco business dissolution lawyers are prepared to guide you through each stage. We help Texas business owners review their options, resolve disputes, and complete a clean and compliant exit.
While our business litigation attorneys are based in Downtown Dallas, we proudly serve clients in and around Addison, Carrollton, Cedar Hill, Coppell, DeSoto, Farmers Branch, Flower Mound, Forney, Garland, Grand Prairie, Grapevine, Highland Park, Irving, Oak Cliff, Richardson, Rockwall, Rowlett, Royse City, University Park, and the surrounding area. 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.