Queens New York Acuerdo para disolver y liquidar sociedad con liquidación y pago de suma global - Agreement to Dissolve and Wind up Partnership with Settlement and Lump-sum Payment

• Category: Sociedades - Disolución - Índices Contables
• State: Multi-State
• County: Queens
• Control #: US-13272BG
• Format: Word

Description

A dissolution of partnership is that change in the partnership relation which ultimately culminates in its termination. It is the change in the relation of partners caused by any partner's ceasing to be associated in the carrying on of the business. Description: The Queens New York Agreement to Dissolve and Wind up Partnership with Settlement and Lump-sum Payment is a legal agreement that outlines the process of terminating a partnership and distributing assets and liabilities among the partners involved. This agreement is specifically designed for partnerships located within the borough of Queens in New York City. There are different types of Queens New York Agreements to Dissolve and Wind up Partnership with Settlement and Lump-sum Payment, which may vary based on the unique circumstances of each partnership: 1. General Dissolution Agreement: This type of agreement is used when partners mutually agree to dissolve the partnership and settle all financial matters in a lump-sum payment. It ensures a smooth and legally compliant process for winding up the partnership. 2. Dissolution Agreement due to Retirement: In cases where a partner wishes to retire from the partnership, a specific agreement is drafted to dissolve the partnership, determine the settlement, and make a lump-sum payment to the retiring partner. This type of agreement ensures a fair and documented transition for both the retiring partner and the remaining partners. 3. Dissolution Agreement due to Dispute: In situations where conflicts arise between partners, resulting in the decision to dissolve the partnership, a dissolution agreement is prepared to outline the settlement terms and lump-sum payment distribution. This type of agreement helps in resolving disputes and facilitating an amicable dissolution process. 4. Dissolution Agreement due to Bankruptcy: If a partnership faces financial hardships or bankruptcy, a specific agreement is created to dissolve the partnership and handle the settlement in a lump-sum payment. This agreement typically includes provisions for distributing assets, paying off debts, and resolving any legal obligations associated with the bankruptcy. The Queens New York Agreement to Dissolve and Wind up Partnership with Settlement and Lump-sum Payment ensures that all partners have a clear understanding of the dissolution process, settlement terms, and the distribution of the partnership's assets and liabilities. It helps protect the rights and interests of all parties involved and minimizes the potential for future legal conflicts.

Description: The Queens New York Agreement to Dissolve and Wind up Partnership with Settlement and Lump-sum Payment is a legal agreement that outlines the process of terminating a partnership and distributing assets and liabilities among the partners involved. This agreement is specifically designed for partnerships located within the borough of Queens in New York City. There are different types of Queens New York Agreements to Dissolve and Wind up Partnership with Settlement and Lump-sum Payment, which may vary based on the unique circumstances of each partnership: 1. General Dissolution Agreement: This type of agreement is used when partners mutually agree to dissolve the partnership and settle all financial matters in a lump-sum payment. It ensures a smooth and legally compliant process for winding up the partnership. 2. Dissolution Agreement due to Retirement: In cases where a partner wishes to retire from the partnership, a specific agreement is drafted to dissolve the partnership, determine the settlement, and make a lump-sum payment to the retiring partner. This type of agreement ensures a fair and documented transition for both the retiring partner and the remaining partners. 3. Dissolution Agreement due to Dispute: In situations where conflicts arise between partners, resulting in the decision to dissolve the partnership, a dissolution agreement is prepared to outline the settlement terms and lump-sum payment distribution. This type of agreement helps in resolving disputes and facilitating an amicable dissolution process. 4. Dissolution Agreement due to Bankruptcy: If a partnership faces financial hardships or bankruptcy, a specific agreement is created to dissolve the partnership and handle the settlement in a lump-sum payment. This agreement typically includes provisions for distributing assets, paying off debts, and resolving any legal obligations associated with the bankruptcy. The Queens New York Agreement to Dissolve and Wind up Partnership with Settlement and Lump-sum Payment ensures that all partners have a clear understanding of the dissolution process, settlement terms, and the distribution of the partnership's assets and liabilities. It helps protect the rights and interests of all parties involved and minimizes the potential for future legal conflicts.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.