When 50/50 partners or equally empowered shareholder factions can no longer agree on fundamental issues, the company enters a state of corporate deadlock. This is not a mere disagreement; it is managerial paralysis. The company can no longer make decisions, is bleeding customers, and is spiraling toward financial ruin. In this situation, the company becomes a hostage to its own internal conflict, and your investment devalues by the day. When all avenues for negotiation are exhausted and the business is no longer viable, the only way out is a civilized and legal end. The Legal Sandbox Georgia team is your representative in this difficult process, securing the court-ordered dissolution of the company in full compliance with the law.
Our approach transforms an uncontrolled collapse into a managed and lawful process. Operating in accordance with the Law of Georgia on Entrepreneurs, we prepare a well-reasoned petition for the court-ordered dissolution of the company, proving to the court that a state of corporate deadlock exists which prevents the company from continuing its normal operations. After the court orders dissolution, we actively participate in the liquidation process. We ensure the appointed liquidator acts fairly, that company assets are sold at the highest possible price, and that after creditors are satisfied, the remaining assets are distributed equitably among the partners. Our service is a way to salvage the remaining value of your investment and to civilly end a failed business partnership.