Three Stone

This Practice Note, produced in partnership with Andy Taylor of Isadore Goldman Limited, and Emma Knight and Michael Smith of Three Stone, sets out how a Limited Liability Partnership (LLP) enters compulsory liquidation (or compulsory winding-up or is wound up by the court), including what this means for the LLP and the individual members, the process for compulsory liquidation of an LLP, the role of the liquidator and the obligations and liabilities of members of the LLP.

This Practice Note, produced in partnership with Simon Hunter of Three Stone, details the process of dissolution following completion of a members’ voluntary liquidation.

This Practice Note, produced in partnership with Simon Hunter of Three Stone, discusses members’ voluntary liquidation and striking off (and dissolution) of a company, more particularly the advantages and disadvantages of each process.

This Practice Note, produced in partnership with Simon Hunter of Three Stone, details what information and documents the liquidator will need from a company in order to proceed with a members’ voluntary liquidation and acts as a practical checklist for both the company and the liquidator.

This Practice Note, produced in partnership with Simon Hunter of Three Stone, considers the process to place a company into members’ voluntary liquidation including swearing a declaration of solvency, the meetings that take place and the relevant notice requirements for this process.

This Practice Note, produced in partnership with Simon Hunter of Three Stone, gives guidance as to the practice and procedure in relation to the removal of a liquidator in a creditors’ voluntary liquidation (also known as voluntary winding up) by way of a creditors’ decision procedure without the need for a court order.

This Practice Note, produced in partnership with Simon Hunter of Three Stone, sets out what a members’ voluntary liquidation (MVL) is, who can propose a MVL and the circumstances in which it is appropriate. It provides some useful information on the procedure surrounding an MVL, including the need for a liquidator to oversee the process and what that liquidator must do as part of the process. It also refers to the requisite forms to use.

This Checklist, produced in partnership with Simon Hunter of Three Stone, sets out matters that should be considered before a director of a company swears a statutory declaration of solvency to place a company into members’ voluntary liquidation.

This Checklist, produced in partnership with Simon Hunter of Three Stone, sets out the practical steps required to place a solvent company into members’ voluntary liquidation, including convening the requisite meetings, making a statutory declaration of solvency and statutory filing and advertising obligations.