Winddown & Business Closure

Whether a business is closing by choice or as a last resort, most business owners and investors don't realize that it can be just as difficult to wind a business down as it is to start one up. When the process is handled incorrectly, businesses, officers, and directors are exposed to potential risks and may fail to fully monetize assets and negotiate liabilities.

Our Business Closure team makes closing down a business permanent and painless. We provide a full range of orderly wind-down and liquidation services to senior lenders, creditor committees, debtors, and owners/equity investors in bankruptcy, state court, and out-of-court- situations. We are well-versed in valuations and sales of assets of all types, negotiation of lease terminations for both personal property and real estate, ensuring appropriate D&O and product liability insurance, preparation and filing of final tax returns and dissolution papers, storage and transition of essential records, and the handling of various "tail" issues that may require many years to fully resolve.

For more information, email us at bpm@bpmcpa.com.