Legal Question in Business Law in Florida

Disolved Corporation

I have been the director of a racing organization for 20 yrs. We never paid taxes or filed with the state, we just gave all profits back to the racers. I had invested a lot of my own money in the track so I wanted to make it a legal business.

I filed with the state as an LLC, paid all fees and taxes and was told by the county I owned the property, received title ins. etc. Someone who was on the board of the orginal corp. in 1958 is now trying to take claim to the property. He filed a quit claim with the court house, changed the name and says he is the owner. He lives out of state and has had nothing to do with the track for 50 yrs. Does he still have any rights to a disolved corp? I feel I need to reinstate and reincorporate the orginal corp. My lawyer seems hesitant to do this. If I do this will it then give this orginal board member rights? I feel I would win if we go to court. What laws do I research on time limitations and rights to a disolved corp? Thank you for your response.


Asked on 5/10/08, 6:09 pm

1 Answer from Attorneys
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: Disolved Corporation

You have a lawyer already. Respectfully, it would be silly for you to accept the advice from a posting here, based upon a single paragraph of explanation, to discard your lawyer's advice. Presumably, he has ALL the relevant facts, as opposed to a single short paragrapgh summary.

Get with your lawyer and fully discuss the facts and the issue to make a decision.

PS -- for instance: I have no idea in the world what you mean by "told by the county that you owned the property." Whatever someone down at the county said to you is unquestionably irrelevant to property ownership. The first most important question is "who is on the deed?" with the next probably "how did whoever is on the deed get on the deed."

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Answered on 5/10/08, 7:30 pm


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