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When trying to find corporations, LLCs and LPs good standing is a legal requirement. Along with the consequences of not being in good standing, while unfortunately unappreciated by most, can be devastating. Lehman Brothers Holdings Inc. The multinational financial giant was worth a reported $691 billion when it lost Company filings information methods its clients and devaluation of its assets, forcing it to fold in 2008. 1) Start preparing From this day forward! Don't wait until the layoff notic