Recent content by ohdearme

  1. O

    Corporate Law Going out of business

    First thank you, Michael, for your answer. I guess I did not explain myself very clearly. First we are a very small company going totally out of business. We are trying to avoid bankruptcy. Our assets do not nearly cover our liabilities. This is why we are trying to get as much as possible...
  2. O

    Corporate Law Going out of business

    We are closing our Parts Business. We had thouht that a vouluntary termination of dealership would require the vendor to take back the unsold inventory(parts) which we purchased from them at 91%. We have been told by various vendors that they would charge a 'restocking fee' or 25 to 30%...
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