← All workflows

Plan of Liquidation

Draft Corporate Liquidation Plans in Minutes, Not Hours

12 minutes with CaseMark

Fast lane

We have it from here.

Choose the fast one-off run here, or jump into the workspace when you want saved history, revisions, and a fuller matter workflow.

Run this once here

Best for a quick one-off job. Add your email, upload the files, and we'll run the workflow and send the result to your inbox.

1. Add your email so we know where to send the result.

2. Upload the files you want analyzed.

3. Run the workflow and we'll take it from there.

Use in Workspace

Best for ongoing matters

Save and reopen matters, keep documents together, refine the output, rerun with changes, and export or share polished work product when you're done.

Open in Workspace

Need more context?

Scroll for the workflow details below if you want to review what this run handles, what documents help, and what the output looks like.

If this is part of a live matter, the workspace is the better fit: you can keep your documents together, revisit the result, and keep working without starting from scratch.

Jump to detailsOpen in Workspace

Start here

Run this workflow now

Best for a fast one-off run. Add your email, upload the files, and we'll deliver the result without sending you into the full app.

Workflow

Plan of Liquidation

Step 1 · Deliver to

Step 3 · Run this workflow

Workflow

Plan of Liquidation

Overview

CaseMark's Plan of Liquidation skill automates the drafting of formal dissolution plans for U.S. corporations undergoing voluntary wind-down. It produces a comprehensive, structured document covering every phase from corporate approvals through final state filings and IRS compliance. The output is designed as a ready-to-review draft that attorneys can quickly customize for their specific jurisdiction and client circumstances.

Drafting a Plan of Liquidation and Dissolution requires synthesizing corporate governance documents, creditor information, asset inventories, state dissolution statutes, and federal tax rules into a single cohesive document. This process is time-intensive, error-prone, and demands careful attention to priority of payments, statutory notice requirements, and multi-jurisdictional compliance — all while managing the pressure of a corporate closing timeline.

CaseMark automates the heavy lifting of dissolution plan drafting by analyzing your uploaded corporate documents, creditor inventories, and asset schedules to produce a comprehensive Plan of Liquidation. The AI structures the plan with proper statutory citations, distribution waterfalls, creditor notice procedures, and IRS compliance provisions — all flagged with verification markers so attorneys can focus on judgment calls rather than document assembly.

How it works

  1. 1. Upload corporate formation documents, board/shareholder approvals, and creditor and asset inventories

  2. 2. AI analyzes your documents and drafts a comprehensive Plan of Liquidation and Dissolution

  3. 3. Review the generated plan, verify jurisdiction-specific provisions, and customize bracketed placeholders

  4. 4. Export the finalized plan in your preferred format (DOCX, PDF)

What you get

  • Preamble & Recitals

  • Approval & Authorization

  • Creditor Notice & Claims Process

  • Asset Liquidation Plan

  • Distribution Waterfall

  • State Dissolution Filings & IRS Form 966 Compliance

  • Timeline & Closing Provisions

What it handles

  • Generates complete preamble with statutory authority citations and corporate recitals

  • Documents board and shareholder approval sections with vote counts and quorum verification

  • Drafts creditor notification procedures and claims bar date schedules

  • Creates asset liquidation priority and distribution waterfall provisions

  • Includes state dissolution filing checklists and IRS Form 966 compliance guidance

  • Flags jurisdiction-specific requirements with [VERIFY] markers for attorney review

Required documents

  • Articles of Incorporation & Bylaws

    Corporate formation documents including any amendments, especially those establishing liquidation preferences for multiple share classes

    .pdf, .docx

  • Board Resolution & Shareholder Approval

    Board resolution approving dissolution with vote count and quorum, plus shareholder meeting minutes or written consent showing requisite vote threshold

    .pdf, .docx

  • Creditor and Asset Inventories

    List of known creditors with amounts and secured/unsecured status, plus inventory of corporate assets including real property, equipment, IP, receivables, and cash

    .pdf, .docx, .xlsx

Supporting documents

  • Pending Obligations Summary

    Summary of pending litigation, executory contracts, employee benefit obligations, and environmental liabilities

    .pdf, .docx

  • State Dissolution Statute Reference

    Applicable state dissolution statute or prior legal memoranda identifying jurisdiction-specific requirements

    .pdf, .docx

Why teams use it

Reduces plan drafting time from hours to minutes while maintaining comprehensive coverage of all dissolution requirements

Ensures no critical steps are missed with structured sections covering approvals, creditor claims, asset liquidation, and regulatory filings

Flags jurisdiction-specific provisions for attorney verification, reducing the risk of non-compliance with state dissolution statutes

Produces a professional, client-ready document with proper distribution waterfall analysis reflecting share class priorities

Questions

What types of corporate dissolutions does this skill support?

CaseMark's Plan of Liquidation skill is designed for voluntary dissolutions of U.S. corporations. It covers the full lifecycle from board and shareholder approvals through creditor notice, asset liquidation, distribution waterfalls, state filings, and IRS Form 966 compliance.

Does the plan account for multiple share classes and liquidation preferences?

Yes. CaseMark analyzes your articles of incorporation and amendments to identify liquidation preferences for preferred stock and other share classes. The distribution waterfall section is structured to reflect the proper priority of payments.

How does CaseMark handle state-specific dissolution requirements?

CaseMark references the applicable state dissolution statute (such as DGCL § 275 or RMBCA § 14.02) and flags all jurisdiction-specific provisions with [VERIFY] markers. This ensures your attorney can quickly confirm compliance with the relevant state law.

Does the output include IRS Form 966 guidance?

Yes. CaseMark includes a compliance section addressing IRS Form 966 filing requirements, including timing, required information, and coordination with the overall dissolution timeline. All tax-related provisions should be reviewed by a qualified tax advisor.

Can I use this for a corporation with pending litigation or environmental liabilities?

Absolutely. CaseMark's skill accounts for pending obligations including litigation, contracts, employee benefits, and environmental liabilities. The plan includes provisions for reserving funds and addressing contingent claims during the wind-down process.

How long does it take to generate a Plan of Liquidation?

CaseMark typically generates a comprehensive draft Plan of Liquidation in approximately 12 minutes. This replaces what would normally take hours of manual drafting, giving attorneys a strong starting point for review and customization.

Related

30b6 Corporate Rep

Draft & Defend 30(b)(6) Depositions in Minutes

30b6 Deposition

Master 30(b)(6) Depositions in Minutes, Not Hours

Abstract of Judgment

Draft Judgment Abstracts in Minutes, Not Hours