Why call in a lawyer for a company liquidation?
When a company encounters financial difficulties or an entrepreneurial project comes to an end, it’s essential to be accompanied by a lawyer in company liquidation in Toulon. The procedure, whether amicable or judicial, engages the liability of the manager and can have significant personal, legal and tax consequences.
A business lawyer in Toulon will advise you on the choice of procedure, draw up the necessary deeds and assist you every step of the way.
Preventing the risk of managerial liability
Company liquidation proceedings can expose the manager to liability claims for mismanagement. Our role is to help you avoid these risks by ensuring that every formality is carried out in compliance with the French Commercial Code.
Time savings and legal certainty
We’ll take care of all the administrative formalities for you, and provide full legal support for your business closure in Toulon, leaving you free to concentrate on the future.
Stages of company liquidation
Amicable liquidation or judicial liquidation: what are the differences?
| Type of liquidation | Features | Conditions |
|---|---|---|
| Amicable settlement | Voluntary procedure decided by the partners | Company not in suspension of payments |
| Court-ordered liquidation | Court-ordered | Company in suspension of payments |
1. Declaration of suspension of payments
In the event of serious financial difficulties, the declaration of cessation of payments must be made within 45 days. We carry out this filing on your behalf and ensure that deadlines are met.
Important: Failure to meet this deadline may result in personal sanctions for the executive.
2. Appointment of liquidator
We can help you appoint a liquidator or represent you in court as part of a collective procedure in Toulon.
3. Settlement of liabilities and disposal of assets
Our firm can help you :
- Liquidating the company’s assets.
- Settle corporate debts in the legal order
- Avoid disputes with creditors in the context of a company liquidation in Toulon, France
4. Closure of operations and striking off of the company
We provide :
- Drafting the liquidation minutes.
- Filing with the clerk’s office
- The registration of the company with the RCS.
Risks to avoid during liquidation
⚠️ Main threats to the manager:
- Director’s personal liability for mismanagement
- Tax consequences: VAT, corporation tax, CFE, etc.
- Interdiction to manage in case of failure to declare
Table of possible penalties
| Fault committed | Penalty incurred | Duration |
|---|---|---|
| Late declaration | Filling liabilities | Up to 5 years |
| Mismanagement | Management ban | Up to 15 years |
| Asset misappropriation | Penalties | Variable |
What can our Toulon law firm do for you?
Based in Toulon, our business law firm has been assisting managers with company liquidations in the Var region for many years.
Our services:
✅ Choosing between amicable or judicial liquidation
✅ Drafting documents (minutes, reports, accounts)
✅ Applications to the clerk’s office, the court and the tax authorities
✅ Legal support for companies in difficulty
✅ Representing the manager in court.
Our aim: to secure your interests and prepare your future in the best possible conditions.
Frequently asked questions about business liquidation
What’s the difference between amicable and judicial liquidation?
The first is voluntary, the second is imposed by the court in the event of insolvency.
Who decides on judicial liquidation?
The tribunal de commerce, at the request of the company or a creditor.
How long does a liquidation last?
- Automated settlement: 6 to 12 months on average
- Liquidation judiciaire: Longer, varies according to complexity
Can liquidation be avoided?
In some cases, a business backup plan may be proposed to continue operations.
What happens to the manager after liquidation?
He may be called upon to answer for company debts in the event of misconduct, but can also bounce back with a new project or a business sale prepared in advance.
Contact a company liquidation lawyer in Toulon
You need to close a business in Toulon or face insolvency proceedings?
Contact our law firm in Toulon for a confidential first meeting. We specialize in business law, corporate law and legal support for companies in difficulty.
Get personalized support for your liquidation
Protect your interests when your company closes
Our other business law services
- Toulon business law attorney
- Troubled business support Toulon
- Plan de sauvegarde entreprise Toulon
- Avocat cession entreprise
- Company law lawyer Toulon
