Legal Question in Business Law in Pennsylvania

Re: Liquidation of corp/bookkeeper

Whether you are a liable depends on your exact relationship with the dissolving corporation. And regardless of your relationship, you are liable for any gross negligence that you commit. (Gross negligence means, you knew better, but you acted anyway.)

As to whose advice should you follow, that also depends on your exact relationship with the corporation.

It really can't harm you to talk with an attorney who has no connection with that corporation. I have seen some court rulings where the book-keeper was held liable for failing to pay certain government taxes, even though the corporation told him not to pay the taxes. That ruling may not apply to you; it depends of certain facts. You should talk to a lawyer about your specific situation.

Remember that the corporation's lawyers do not represent you. They represent the corporation and will only do what is best for the corporation, even if that harms you.

Good luck.

Sharmil McKee

Business Attorney

McKee Law Office

Philadelphia, PA

www.mckeeoffice.com