Why call in a lawyer for a company liquidation?
When a company encounters financial difficulties or a business project comes to an end, it is essential to be accompanied by a company liquidation lawyer in Toulon. The procedure, whether amicable or judicial, engages the manager’s responsibility and can have significant personal, legal and tax consequences.
A business lawyer in Toulon will advise you on your choice of procedure, draw up the necessary documents and assist you every step of the way.
Preventing the risk of managerial liability
Company liquidation proceedings can expose the managing director 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 liquidation | 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 will file the declaration on your behalf and ensure that the deadline is met.
Important: Failure to meet this deadline may result in personal sanctions for the manager.
2. Appointment of liquidator
We can help you appoint an amicable liquidator or represent you in court in the event of bankruptcy proceedings in Toulon.
3. Settlement of liabilities and disposal of assets
Our firm can help you :
- Liquidate company assets
- Paying company debts in accordance with the law
- Avoiding disputes with creditors during a company liquidation in Toulon, France
4. Closure of operations and striking off of the company
We provide :
- Drawing up liquidation minutes
- Filing with the clerk’s office
- Deregistration of the company from the RCS
Risks to avoid during liquidation
⚠️ Main threats to managers :
- Manager’s personal liability for mismanagement
- Tax consequences: VAT, corporation tax, CFE, etc.
- Prohibition on management in the event 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:
✅ Choice between amicable or judicial liquidation
✅ Drafting of documents (minutes, reports, accounts)
✅ Approaches to the clerk’s office, the court and the tax authorities
✅ Legal support for companies in difficulty
✅ Representation of the manager before the 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 Commercial Court, at the request of the company or a creditor.
How long does a liquidation last?
- Amicable liquidation: 6 to 12 months on average
- Judicial liquidation: Longer, depending on complexity
Can liquidation be avoided?
In some cases, a business recovery plan may be proposed to keep the business going.
What happens to the manager after liquidation?
He may be called upon to answer for the company’s debts in the event of misconduct, but can also bounce back with a new project or a business transfer prepared in advance.
Contact a company liquidation lawyer in Toulon
Are you closing a business in Toulon or facing bankruptcy proceedings?
Contact our law firm in Toulon for a confidential initial 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
- Business law lawyer Toulon
- Accompanying companies in difficulty Toulon
- Plan de sauvegarde entreprise Toulon
- Business transfer lawyer
- Corporate lawyer Toulon