Hi - my name is XXXXX XXXXX X'm a Business litigation attorney.
If a case lies dormant for more than 12 months, the court clerk will file a motion to dismiss the case as "stale". Once the clerk files the motion, either party will be given notice that some action must be taken within a certain period of time - usually 30 days - and if nothing is done, the case will be dismissed. Thus, the case will not just sit there forever. If no attention is given to it, the case will be dismissed.
If the company has nothing, and the attorney knows that, it is likely that the case may just die on the vine. Or, you may even be willing to consent to a judgment against the corporation. If it is worthless, there's not likely any harm in agreeing to that.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).