Liquidation is the selling of the assets of a business, paying bills and dividing the remainder among shareholders, partners or other investors, when a business becomes insolvent. There are two main types of liquidation, the voluntary liquidation and the liquidation by the court.
We at Agathokleous – Neophytoy & CO LLC are licensed from the Cyprus Bar Association to deal with voluntary liquidations and can help our clients to negotiate the terms of their bankruptcy and liquidation of certain items with our legal advice and with in-depth information from our experienced lawyers.