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The High-touch Legal Services® Blog…for Startups!

Can I Walk Away from My Suspended LLC?

July 15, 2014 at 5:41 pm Comments disabled

Photo of people walking, symbolizing walking away from a suspended LLC This post addresses a question that arises frequently from founders of California limited liability companies that have been suspended: Can I walk away from my suspended LLC?

A suspended LLC is the result of a founder who has neglected to file Statements of Information with the Secretary of State, or file returns with or pay amounts due to the Franchise Tax Board, or both of the foregoing. Please see Why was My Corporation / LLC Suspended or Forfeited? (more…)

Dana Shultz is a retired lawyer located in Northern California's San Francisco Bay Area (in the East Bay, near Oakland) who has in-depth knowledge of law, business, technology, and the needs of startup and early-stage companies.

As a lawyer, Dana dispensed as much business advice as legal advice. Accordingly, although he no longer is practicing law, Dana occasionally provides consulting services to owners and managers of small businesses.

If you need legal representation, Dana provides referrals to experienced business lawyers.

For more information about Dana and the legal services that he previously provided, please go to the About Dana Shultz page and the Legal Services page.

+1 510-326-2123

dana [at] danashultz [dot] com

Skype: dana.h.shultz

This blog does not constitute legal advice and does not establish an attorney-client relationship. If you need legal advice, please contact a lawyer directly.

This website is a "communication" as that term is defined in Rule of Professional Conduct 1-400(A) (now subject to Chapter 7 of the Rules of Professional Conduct that took effect on November 1, 2018).