Richard Burt Professional Law Corporation

Send an email to Richard Burt now
Here's an alt tag for the image: `AV Peer Review Rated, Richard G. Burt, 2010`
Here's an alt tag for the image in under 8 words: Avvo Rating: Richard Gary Burt, Top Attorney 10.0

You Need a Lawyer before Signing a Business Broker Listing Agreement — California Business Sale Attorney

04/10/2026

Post by Richard Burt, San Jose Business Sale Attorney (Martindale-Hubbell rating: av) A listing agreement with a business broker may look like a simple first step toward selling your company. It isn’t. It is a binding contract — and the…

Read More

What is Sold When the Business is Sold in an Asset Purchase Transaction

04/04/2026

When a business is sold in an asset purchase transaction, the business itself is not a thing that is sold. What is sold are the assets that make up the business. So what assets are sold by the seller and…

Read More

The Buyer’s Lawyer in Purchasing a Business

03/23/2026

If the purchase of a business represents a major financial commitment by the buyer (and typically it does), the buyer should have the assistance of a lawyer (and an accountant). The role of the lawyer can vary with how large…

Read More

Why Buy a Business?

03/22/2026

Persons looking to be their own bosses have two options. They can start their own business or they can buy an existing business. Starting a business from scratch will typically take less capital than buying an existing business since you…

Read More

Is Your Out of State LLC Doing Business in California? Here’s What to Know

11/23/2024

What if a corporation or a limited liability company (LLC) is formed in another state, like Delaware or Nevada, but does business in California? The out of state LLC doing business in California (a “foreign” business entity) must register with…

Read More

Is the CA Certificate Status company a scam?

06/13/2024

Lately, my clients have been receiving a solicitation from a company calling itself CA Certificate Status, which offers to obtain from the California Secretary of State a certificate of status for a company. The solicitation preaches the possible benefits of…

Read More

Impending Changes to the required Statement of Information

04/25/2024

Beginning Monday, April 29, 2024, the California Secretary of State will no longer accept statements of information on paper. A corporation will be permitted to file only online through the BizFile portal. There are some enhancements to the online statement…

Read More

I have no connection with TrademarkFormation.com

03/21/2024

I have been receiving calls from prospective customers of TrademarkFormation.com asking if I am associated with the company since the street address shown on TrademarkFormation.com website is the same as mine: 55 S. Market Street, Suite 1500, San Jose, California.…

Read More

Stock without Certificates

02/04/2024

Now that we are moving more and more into electronic records, can we dispense with stock certificates? Yes, we can, but for most closely held corporations, it may not be worthwhile to change to certificate-less stock. The failure to issue…

Read More

Non-Compete Clauses for Employees Become Radioactive in California

12/01/2023

California has for over 80 years prohibited covenants not to compete (also called non-compete clauses) except in a handful of cases. The basic prohibition is in Business & Professions Code § 16600, which provides: Except as provided in this chapter,…

Read More