Night Of The Corporate Zombies – How Undead Corporations Can Help Fund Oregon’s Environmental Cleanup
By EsqSocial Corporation 17/06/21
We all know that corporations and limited liability companies can die. In actuality, they are dissolved and given time to wind up their affairs, but the point is that after five years following proper notice to potential creditors and other claimants, they effectively become “dead and buried.” As such, they are no longer subject to suit (see ORS 60.644 and 63.644)......
By: Tonkon Torp LLP