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Richard Burt Professional Law Corporation
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Richard Burt Professional Law Corporation55 S Market St #1500
San Jose, CA 95113
Phone: (408) 286-7333 Categories
- Alter Ego Liability
- Attorney-Client Matters
- Blue Sky Law
- Bulk Sale
- Business Disputes
- Buy-Sell Agreement
- Commercial Law
- Contract Drafting
- Corporate Law
- Covenant not to compete
- Directors and officers
- Entity Law
- Foreign LLC
- Indemnification
- Limited Liability Comanies (LLC's)
- Limited liability companies (LLC)
- Limited Liability Partnerships
- Limited Partnerships
- Mergers & Acquisitions
- Mergers and Acquisitions
- Minority Shareholders
- Non-competes
- Piercing the Corporate Veil
- Professional Corporations
- Purchase and Sale of a Business
- Qualifying to Do Business
- S corporations
- Securities Law
- Successor liability
- Suspended Entity
- Uncategorized
Real Estate Withholding Credit for Pass-Through Entities
The California Franchise Tax Board (FTB) has recently published a reminder about credit for real-estate withholding. According to the FTB: Pass-through business entities that pass through their income, deductions, and credits to the owners must also pass through the real … Continue reading
Posted in Limited liability companies (LLC), Limited Partnerships, S corporations
Tagged limited liability company, limited partnership, LLC, pass-through entity, real estate withholding, s corporation
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Perfected Security Interest Yields to Breach of Fiduciary Duty
If a party succeeds in perfecting a security interest in personal property by breaching a fiduciary duty, the security interest may be disregarded for the benefit of the person owed the fiduciary duty. In Feresi v. The Livery, LLC (2014) … Continue reading
Posted in Business Disputes, Limited liability companies (LLC)
Tagged financing statement, UCC-1
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Out-of-State Business Entity Doing Business in California
An out-of-state business entity is a corporation or limited liability company formed under the law of another state (say, Delaware or Nevada). An out-of-state entity is often referred to as a “foreign” corporation or as a “foreign” LLC. An out-of-state … Continue reading
Posted in Corporate Law, Entity Law, Limited liability companies (LLC)
Tagged Delaware, foreign, Nevada, out-of-state, qualify to do business, register with Secretary of State
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Refund of Late-Filing Penalty for Single-Member LLCs
For income tax purposes, a single-member limited liability company (SMLLC) is treated as a disregarded entity. That means that the income or loss of the entity is reported by an individual taxpayer on Schedule C of the taxpayer’s tax return. … Continue reading
Posted in Limited liability companies (LLC), Uncategorized
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Presentation Given to the Santa Cruz County Bar Association on the New LLC Act
On February 3, 2014, I gave a presentation to members of the Santa Cruz County Bar Association on the new limited liability company act and how it will affect their clients. I am pleased to report that the presentation was well … Continue reading
Posted in Limited liability companies (LLC), Uncategorized
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Bar Talk on the New LLC Act
On Monday, February 3, 2014, I will be giving a continuing education seminar to lawyers on “California’s New LLC Act.” Anyone interested can register at the bar’s website: http://www.santacruzbar.org/ .
Posted in Limited liability companies (LLC), Uncategorized
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Filing Requirements and Suspension of Corporate or LLC Powers
California limited liability companies (LLCs) and California corporations are creatures of statute, and their failure to comply with statutory requirements can lead to their rights, powers, and privileges being suspended by the state. Annual Report to Secretary of State Each … Continue reading
Posted in Alter Ego Liability, Limited liability companies (LLC), Piercing the Corporate Veil
Tagged reviver, revivor, suspension
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Bylaw Indemnification and the Statute of Frauds
In a recent post on his blog, Keith Bishop asks the question, Are charter indemnification provisions contracts? Many companies include provisions in their articles and bylaws that mandate indemnification of directors and officers, and they often say that they are … Continue reading
Posted in Contract Drafting, Directors and officers, Indemnification, Limited liability companies (LLC)
Tagged by-law, by-laws, bylaw, bylaws, indemnity, statute of frauds
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