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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
Civil Code Sections relating to General Releases Modified
On February 28, 2019, the Corporations Committee of the Business Law Section of the California Lawyers Association published an e-bulletin that I authored. The text of the e-bulletin, as submitted for publication, follows. With SB 1431 (chapter 157, statutes of … Continue reading
Posted in Business Disputes, Commercial Law, Contract Drafting
Tagged general release, release of unknown claims
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Delaware Court Upholds Non-Compete against California Employee
The following is the text of an e-bulletin that I wrote and that was published by the Corporations Committee of the Business Law Section of the California Lawyers Association. Patrick Miles, a California resident, was first hired in 2001 by … Continue reading
Posted in Business Disputes, Contract Drafting, Corporate Law, Covenant not to compete, Non-competes
Tagged Labor Code section 925
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LLC Bound by Contract Even Though Contract Was Outside Its Purpose and Signatory Was Technically Not a Manager
The following is the text of an e-bulletin that I authored on apparent authority and that was published by the Corporations Committee of the Business Law Section of the State Bar of California. In Western Surety Co. v. La Cumbre … Continue reading
Posted in Business Disputes, Commercial Law, Contract Drafting, Corporate Law, Entity Law, Limited Liability Comanies (LLC's), Limited Liability Partnerships, Limited Partnerships, Uncategorized
Tagged apparent authority, authority of manager, authority of officers, CRULLCA, misdesignation of manager of LLC, misdesignation of office of officer, Revised limited liability company act, RULLCA, ultra vires
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Webinar Presentation on Drafting Buy-Sell Agreements
On November 14, 2104, I conducted a webinar on “Drafting Buy-Sell Agreements–What the Forms Books Won’t Tell You.” The program was jointly sponsored by the Corporations Committee and the Partnerships and LLC Committee of the Business Law Section of the … Continue reading
Posted in Buy-Sell Agreement, Contract Drafting, Minority Shareholders, Purchase and Sale of a Business
Tagged buy-out, buy-sell, cross-purchase agreement, redemption agreement
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Excluding Assets From a Personal Guaranty
The following is the text of an e-bulletin that I prepared that was published by the Corporations Committee of the Business Law Section of the State Bar of California. This was republished (under the title of “Excluding Assets from a … Continue reading
Posted in Business Disputes, Commercial Law, Contract Drafting
Tagged guarantee, guaranties, guaranty
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Superfluous Text in a Contract Opens Door to Litigation
The recent case of Schron v. Troutman Saunders LLP, from the New York Court of Appeals, New York’s highest court, shows the importance of not including unnecessary verbiage in a contract just because it’s traditional. In this case, an LLC … Continue reading
Posted in Business Disputes, Contract Drafting
Tagged drafting, integration clause, merger clause, parol evidence
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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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California Supreme Court Overrules Prendergrass
In Riverisland Cold Storage, Inc. v. Fresno-Madera Production Credit Association (January 14, 2013), the California Supreme Court overruled a precedent of over 75 years’ standing (Bank of America etc. Assn. v. Pendergrass (1935) 4 Cal.2d 258) and held that a … Continue reading
Posted in Business Disputes, Commercial Law, Contract Drafting
Tagged agreement, contract, extrinsic evidence, parol evidence, parol evidence rule, parole evidence, Prendergrass, promissory fraud, written agreement, written contract
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Inconsistent Use of Entity Name Proves Costly
In Montgomery Sansome v. Rezai (March 28, 2012) 204 Cal. App. 4th 786, the court held that a construction contractor’s designation of an entity as a “general partnership” in a fictitious business name statement when the contractor was licensed as … Continue reading
Posted in Contract Drafting, Corporate Law, Entity Law
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