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It's not an attractive time to launch a business right now, which harms demand for LegalZoom's services. Even in good times, online legal services are a relatively slow-growth and fragmented industry.
LegalZoom was a nominee for the American Bar Association's 2005 Louis M. Brown Award. [18] In 2011, Business Insider ranked LegalZoom 27th on its list of the world's most valuable startups, [19] and in 2012, Fast Company ranked LegalZoom 26th on its list of the most innovative companies. [20]
Liu conceived LegalZoom in 1999 after planning it with Brian Lee, his college friend from UCLA Law School. [8] Their goal was to create an online resource that would make basic legal resources available to anyone through the Internet.
Voluntary liquidation occurs when the members of a company resolve to voluntarily wind up its affairs and dissolve. Voluntary liquidation begins when the company passes the resolution, and the company will generally cease to carry on business at that time (if it has not done so already). [17]
The cheaper LegalZoom stock gets, the more it looks like a buy.
Lee attended Servite High School in Anaheim, graduated with a B.A. in Economics/Business from UCLA, and received his J.D. from UCLA School of Law. [citation needed] In March 2001, Lee, along with Robert Shapiro, Brian P. Y. Liu, and Edward R. Hartman co-founded and launched Legalzoom.com, an online legal technology and services company. [5] [6] [7]
In a filing late Wednesday evening, lawyers with the Justice Department agreed to a proposed order that would largely prohibit the Treasury Department from sharing sensitive financial data with ...
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
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