Plan of Complete Liquidation and Dissolution (DE Corporation; Safe-Harbor Procedure) | Practical Law
A plan of complete liquidation and dissolution for a Delaware corporation voluntarily dissolving and winding up under the safe-harbor procedure under DGCL §§ 280 and 281(a) (also known as long-form or court-supervised dissolution). This Standard Document can be used as a stand-alone plan or incorporated into board resolutions approving the dissolution. This Standard Document has integrated notes with important explanations and drafting tips.