Stockholders in the company become unit holders a/k/a beneficiaries of the trust. The trust units are not tradable but shares of stock in a company that has dissolved are typically are no longer tradable either. When making the decision to proceed with a managed liquidation of your company, as with most difficult business decisions required of Board and Management teams, taking the first step can be the hardest. Simply contact our team to discuss your company’s situation. We will develop a plan and timeline to efficiently and effectively manage, or help you manage the liquidation of your company and, when necessary, transition your current company activities into a liquidating trust. • Lower burn rate versus costs of maintaining company infrastructure. • Support a longer run off period to collect milestones or royalties from out-licensed assets – up to three years under Delaware law with ability to extend for longer lived assets.
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