July 6, 2023 – DHC Corporate & Securities Law practice Partner Myron Rabij lent his expertise in mergers and acquisitions to USA Today for their article “How to Dissolve an LLC in 8 Steps.”

Rabij discussed the need to have enough capital to urgently pay off creditors or liquidate assets. He highlighted that business owners often don’t plan for settling debts ahead of closing a company, and that creditors have the recourse to make claims against the company (and potentially the business owner themselves). When creditors take this course of action, Rabij noted that it can result in lengthy litigation for both parties.

To read the full article, click here.