Legal Question in Business Law in New York

I work for a company registered in NY state. I just found out that the business registration is now INACTIVE due to 'Dissolution by Proclamation'. My boss is sorting it out, but I have no communication or instruction on how to proceed until it has been resolved. My understanding is that the business cannot trade, given that I am the only employee (I work remotely), what about providing customer support (we sell software)? Must I cease from all activity, or just financial trading? What if we receive a purchase order? Your assistance is appreciated.


Asked on 7/18/16, 9:23 am

2 Answers from Attorneys

Frank Natoli Natoli-Legal, LLC

This is not really a question for you to bring to counsel. It is a question for the entity to bring to its own attorneys. A business is still able to conduct activity while it is winding up its affairs. There could also be any number of reasons for its status and this may not mean that it is actually intending on dissolving. So long as your employer is paying you, you should continue to show up to work as instructed. The only downside for you is if they run out of money to pay you.

If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient. Our firm is now referred by the American Bar Association (see under the New York section):

http://www.americanbar.org/groups/delivery_legal_services/resources/programs_to_help_those_with_moderate_income.html

Kind regards,

Frank

www.LanternLegal.com

866-871-8655

[email protected]

DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.

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Answered on 7/18/16, 9:33 am
Walter LeVine Walter D. LeVine, Esq.

I agree with Frank, but it may also be a simple problem, easily rectified in a few minutes, if it was because of their failure to file the Annual Report form. Do not be embarrassed to question your employer about this. I also suggest you continue doing your job while this is being resolved.

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Answered on 7/18/16, 10:49 am


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