all shares of the deceased partner shall be duly transferred to the successors only if the limited liability company consists of more than one shareholder. On the other hand, a single person company would dissolve due to the death of its only shareholder unless and until the successors declared ...
The liquidation committee of a WFOE (limited liability company) shall be comprised of its shareholders. The liquidation committee shall exercise the following functions and powers during liquidation: Liquidate the assets of the company, prepare a balance sheet and list of assets, and formulate the li...
Lord & Taylor’s parent company, Le Tote Inc., said Thursday that five additional Lord & Taylor stores are now also participating in the store closing sale process, which is being led by a joint venture of Hilco Merchant Resources and Gordon Brothers. ...
Since then, most of the products of Taili Company were exported to T Company; however, no payment was made by T Company for the goods involved. By August 2002, the payments owed had reached a total amount of RMB4,091,025.51 according to the plaintiffs.Xu, Qingkun...