[CLBS] LLC dissolution wind-up - third-party liquidator

[Christopher Hopper]

Thank you, Bob and Patrick, for the information. Chris 


From: "Robert Faucher" <RFaucher at hollandhart.com> 
To: "Christopher Hopper" <hopperlaw at cableone.net>, "clbs" <clbs at admws.idaho.gov> 
Sent: Wednesday, September 15, 2021 12:43:35 PM 
Subject: RE: LLC dissolution wind-up - third-party liquidator 



Christopher, 



You could consider 



Steve Neighbors of Strategic & Operational Solutions, Inc.; and 

Matt McKinlay of Ampleo. 



This project might fall within their respective areas of expertise. 




Bob Faucher 
Partner 

Holland & Hart LLP 
800 West Main Street, Suite 1750, Boise, ID 83702 
T 208.383.3941 F 208.343.8869 M 208.283.6781 

[ mailto:rfaucher at hollandhart.com | rfaucher at hollandhart.com ] | [ https://protect-us.mimecast.com/s/NjHrC730yXhALzjXs8QCvd?domain=hollandhart.com | Bio ] 



[ https://protect-us.mimecast.com/s/l7a2C82NzEH69X85s1c_V0?domain=hollandhart.com ] 



CONFIDENTIALITY NOTICE: This message is confidential and may be privileged. If you believe that this email has been sent to you in error, please reply to the sender that you received the message in error; then please delete this e-mail. Thank you. 





From: CLBS <clbs-bounces at admws.idaho.gov> On Behalf Of Christopher Hopper 
Sent: Wednesday, September 15, 2021 12:39 PM 
To: clbs at admws.idaho.gov 
Subject: [CLBS] LLC dissolution wind-up - third-party liquidator 



	
	

External Email 




I have an out-of-state client who is member #2 , the heavy capital contributor, of a two-member LLC. He is interested in dissolving the company; member #1, more the labor contributor, not so much. 

It's not huge: about $300K in equipment and possibly underwater. 

If we can get a settlement agreement in place with #1 to dissolve the company, query about using a third-party liquidator. A liquidator having general powers to settle outstanding receivables and payables, assume responsibility for the books and accounts of the LLC, maintain the liquidation account, send notices of the pending dissolution to all creditors and other known claimants, communicate dissolution to customers, licensing agencies, and report to members on progress, etc. 

Are there recommendations for liquidators and when to use them/experiences using them? 

Estimates of cost and how their compensation works? 

The company is in eastern Idaho, but we could use referrals in Boise too. 

Thanks all. 

-- 
Christopher Hopper 
Attorney at Law 
Treasure Valley Legal Services, Inc. 
3350 Americana Terrace, Suite 320 
P.O. Box 9042 
Boise, ID 83707-3042 
Tele. (208) 740-1669 
E-mail: [ mailto:hopperlaw at cableone.net | hopperlaw at cableone.net ] 
Website: [ https://protect-us.mimecast.com/s/FVKPC9rNAgCk8zVWF3e2VJ?domain=hopperlaw.net | https://protect-us.mimecast.com/s/FVKPC9rNAgCk8zVWF3e2VJ?domain=hopperlaw.net ] 

CONFIDENTIALITY NOTICE: This e-mail is intended only for the personal and confidential use of the individual(s) named as recipients and is covered by the Electronic Communications Privacy Act, 18 U.S.C. §§ 2510-2521. It may contain information that is privileged, confidential and/or protected from disclosure under applicable law including, but not limited to, the attorney client privilege and/or work product doctrine. If you have received this e-mail in error, please notify the sender at (208) 740-1669 and delete this message from your computer. Do not deliver, distribute or copy this transmission, disclose its contents or take any action in reliance on the information it contains. 

_______________________________________________ 
CLBS mailing list 
[ mailto:CLBS at admws.idaho.gov | CLBS at admws.idaho.gov ] 
[ https://protect-us.mimecast.com/s/tj1OC0R7oLfGjk0XhWrEHC?domain=admws.idaho.gov | https://protect-us.mimecast.com/s/tj1OC0R7oLfGjk0XhWrEHC?domain=admws.idaho.gov ]