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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.