Liquidation

Merino Law Firm assists companies with voluntary and involuntary liquidation and provides legal advice throughout the entire winding-up process.

Specialists in liquidation

Voluntary liquidation of a corporation
Compulsory liquidation and legal requirements
Legal advice from start to finish

Liquidation is a way to wind up a company in an orderly manner. It may be initiated voluntarily by the shareholders’ meeting or imposed by the Swedish Companies Registration Office or a general court. During liquidation, a liquidator is appointed to replace the board of directors and is responsible for converting the company’s assets into cash, paying off its debts, and completing the winding-up of the company. For companies that are no longer to be operated, liquidation is not merely a formal closure, but a process that requires control, structure, and clear decisions. When handled correctly, it brings order to a situation where legal, financial, and practical issues must be resolved simultaneously. We assist companies with business law advice when liquidation becomes necessary and when the process needs to be carried out correctly, efficiently, and without unnecessary mistakes.

Leonardo Merino’s client service and overall level of service are exceptional. His sophistication and commercial acumen are outstanding. Leonardo Merino is deeply engaged in the market. He is highly knowledgeable, deeply interested, and strongly business-oriented. He has an excellent reputation and is undoubtedly a rising star in the field of insolvency law.

Liquidation requires more than just a formal decision

Liquidation requires structure, proper management, and clear decisions from the outset. When carried out correctly, liquidation brings order to a situation where legal, financial, and practical issues must be resolved simultaneously, while maintaining control over the process and respecting the remaining assets and obligations.

Frequently Asked Questions

Here we answer frequently asked questions about Merino Law Firm, how we work, and what opportunities are available to you as a student.

What happens to the company's assets and liabilities in the event of liquidation?

The company's assets are converted into cash, which is used to pay off all liabilities. If there is any surplus remaining after that, it is distributed to the shareholders.

When might liquidation be the right course of action?

Liquidation can be an option when a company is to be dissolved and there is a need for an orderly and legally sound closure. For companies that are not to continue operations, it can be a clear way to wind down the business in a controlled manner.

What does a liquidator do?

The liquidator replaces the company’s former board of directors and is responsible for carrying out the liquidation. This includes managing the company’s assets, paying its debts, and completing the dissolution of the company.

What is the difference between voluntary liquidation and compulsory liquidation?

Voluntary liquidation is decided by the shareholders’ meeting, while compulsory liquidation is initiated by a decision of the Swedish Companies Registration Office or a general court. The difference, therefore, lies in how the liquidation is initiated, not in the fact that the company is wound up in an orderly manner.

What is the liquidation of a company?

Liquidation is a formal process for winding up a company. During this process, a liquidator is appointed to replace the board of directors and is responsible for converting the company’s assets into cash, paying off its debts, and ensuring that the company is properly dissolved.

Merino helps you through financial difficulties

We assist companies facing financial difficulties or liquidation. We offer advice on claims or demands under the provisions of the Bankruptcy Act.