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Business Dissolution

Devising an Exit Strategy: Business Dissolution and Liquidation

The roots of The Bagert Law Firm extend back more than 100 years, but we are an exception. Most businesses have a far shorter life cycle.

One of the most important decisions any business owner makes is when and how to sell or dissolve the business. Hanging on too long can lead to a financial catastrophe. Selling too soon or for less than your assets are worth can be equally risky. The Bagert Law Firm can protect your interests as you make this important transition.

If you are considering business dissolution, our attorneys are available to analyze your specific situation and make recommendations. We will clearly describe your options and the advantages and potential risks associated with each. Then you can make an informed decision based on your own values and goals.

Business Dissolution Planning

The best time to consider how you will eventually leave a business is before you get involved in it in the first place. When we help clients organize new business ventures, we consider how to handle the eventual dissolution of the business:

  • Will the business and its assets be sold?
  • Will the remaining partners buy out the partner who wishes to leave?
  • Will the business be put in trust for the next generation?

Even the Best-Laid Plans …

Even with careful business dissolution planning, disagreements can arise. As experienced business litigation attorneys, we can protect your rights in disputes with partners or fellow shareholders. If you have been the victim of double dealing by your partner, for example, we will examine the possibility of suing your partner for breach of fiduciary duty.

If you no longer want to remain in business with your partner or wish to acquire the interests or shares of other participants in your business, we can help.

To discuss your concerns, please contact a lawyer at The Bagert Law Firm. From our office in New Orleans, we represent clients throughout southeast Louisiana.

Ben Bagert and President George H. W. Bush

Rated one of New Orleans Top Lawyers
The New Orleans Magazine listed Ben Bagert as one of New Orlean's Top Lawyers in the November 30th edition, 2009. Voted a "Top Lawyer" by 2012, 2013 and 2014.    
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  • New Orleans Office
    650 Poydras Street
    Suite 2708, Poydras Center
    New Orleans, Louisiana 70130
    Phone: 504-523-1117
    Fax: 504-522-5406
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According to his peers, Bernard Bagert, Jr. has been awarded the highest rating available through the Martindale-Hubbell lawyer peer review ratings.
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