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Richard O. Weed

Richard O. Weed

Weed & Co.
4695 MacArthur Ct.
#1430
Newport Beach, CA 92660

Phone: (949) 475-9086  |  Fax: (949) 475-9087
http://www.weedco.com

Contact Richard O. Weed

Hire Counsel Before, After, and Always

Legal Topic

Business Law

Preferred New Clients

We prefer to work with businesses that have $4 million to $100 million in revenue or assets.

Sub-Categories

Agribusiness
  • Farms & Ranches
Banking & Finance
  • Commercial Banks & Loans
  • International Banking
  • Mortgages & Foreclosures
  • Venture Capital
Bankruptcy - Commercial
  • Reorganizations & Restructuring
  • Workouts
Business Formation & Dissolution
  • Business Successions
  • Buying & Selling
  • Closely Held Businesses
  • Corporations
  • Directors' & Officers' Liability
  • Joint Ventures
  • Limited Liability Companies (LLCs)
  • Mergers, Acquisitions & Divestitures
  • Partnerships
  • Public Offerings
  • Shareholders' Rights
Business Tax
  • Corporate Income Taxes
  • International Taxes
  • IRS Disputes
  • Negotiating Payments & Settlements
  • Tax Filing & Compliance
Commercial Law
  • Breach of Contract
  • Contract Disputes
  • Contract Drafting & Review
  • Employment Contracts
  • International Transactions
  • Non-Compete Contracts
  • Secured Transactions
  • Uniform Commercial Code
International Law
  • Business & Trade
  • Foreign Investment
  • Imports & Exports
  • International Arbitration
  • International Banking
  • International Taxation
  • International Transactions
  • Trade Regulation

Bar Admissions

TX, Nov 1987
Bar Number: 21063500

CA, Jun 1993
Bar Number: 164288

Other Court Admissions

All state courts in California and Texas, U.S. District Court for the Central District of California, U.S. Court of Appeals for the Tenth Circuit, U.S. Tax Court.

Association Memberships

Orange County Bar Association, Association for Corporate Growth, National Association of Corporate Directors, American Bar Association, and Alliance of Merger & Acquisition Advisors.

Continuing Education

I complete the required continuing education hours in California and Texas through attendance at live seminars, online seminars, and self-study.

Papers and Publications

See the website www.weedco.com for details on my publications.

Example Cases

I completed multiple rounds of financing for a publicly traded automotive accessory company.

I assisted in the listing and compliance for issuers with securities traded on NASDAQ, OTC Bulletin Board, Pink Sheets, and OTC-Other.

Education

Degree:

Bachelor of Business Administration

School:

The University of Texas at Austin

City:

Austin

State:

TX

Year:

1984

Honors:

Silver Spurs.

 

Degree:

Juris Doctor

School:

St. Mary's University School of Law

City:

San Antonio

State:

TX

Year:

1987

Honors:

Top 10%, Phi Delta Phi.

Focus and Accomplishments:

Senior Associate Editor, St. Mary's Law Journal.

 

Degree:

Master of Business Administration

School:

University of Southern California

City:

Los Angeles

State:

CA

Year:

1992

Honors:

Class President, Spring 1993.

Focus and Accomplishments:

IBEAR project for the Consulate General of Finland.

Number of Attorneys

2

State Licensed In

California

Firm Focus and History

We are professionals who possess in-depth knowledge about the functions and fundamentals required to run any business successfully. We prefer to work with businesses that have $4 million to $100 million in revenue or assets. The majority of our practice is devoted to publicly traded corporations.

After working for a medium-size firm in Texas and a large firm in California, I opened my own firm in August 1993. In 1999, Ms. April Frisby joined the firm. We have been partners since January 1, 2002.

Previous Employment Summary

After law school, I worked for a 40-person law firm in San Antonio, Texas, called Foster, Lewis, Langley, Gardner & Banack. I took time off to attend graduate-level business school and received an M.B.A. from the University of Southern California in July 1992. I worked at a large international law firm in California called Gibson, Dunn & Crutcher. Then, I started my own firm.

Activities and Awards

Speaker, Santiago, Chile - August 2-4, 2003, Recognition and Enforcement of Foreign Judgments and Awards - Center for International Legal Studies.

What is your opinion regarding clients educating themselves on legal issues?

A well-informed client leads to more opportunities and more effective case results.

Are you willing to review documents prepared by clients?

We often review documents prepared by our clients. We add value to the process by sharing our experience and knowledge with them.

Are you willing to coach clients who want to represent themselves?

We are willing to coach clients who want to represent themselves. We see better results when clients learn to represent themselves on repeat activities such as annual and quarterly regulatory compliance, corporate minutes, share issuances, employment agreements, renewal contracts, and outside fund-raising.

Why did you decide to be a lawyer?

I decided to become a lawyer so that I could understand the constraints, limitations, and opportunities of persons and activities under the rule of law. I wanted to understand how the game of business is played, how the score is kept, and how to succeed as an employee, manager, owner, and player of the game.

What work experience and education helps you be a better lawyer?

I believe that I am a better business lawyer because, early in my career, I represented creditors and debtors in Texas during the Savings and Loan crisis of the late 1980's. I have seen relationships created by business agreements fought over during litigation in state and federal court, including bankruptcy court. As a result of my graduate business education and operating several businesses, I understand the business reports and record-keeping requirements to comply with generally accepted accounting principals and the double entry accounting relationships of the balance sheet, income statement, cash flow statement, and statement of changes in stockholder's equity for publicly traded companies.

Why did you decide on your primary area of practice?

I enjoy working with business people to solve complex problems using limited resources. I enjoy helping others understand the functions, fundamentals, and opportunities to increase revenue, cash flow, and net assets with proper management and appropriate risk taking.

What do you like best about your career?

The best thing about my career is that I get to pick and choose who and when to help under circumstances where the work I do is necessary, valuable, and done well.

Tell us about your law firm:

This firm consists of me and my partner, April Frisby. Clients deal primarily with one of us, but each of us has the knowledge, skill, and experience to assist any client of the firm.

What are your strengths and style?

We speak to clients with honesty, objectivity, and candor. We are quick to understand and articulate the issues facing the client and the range of choices the client has to solve these issues.

Personal Interests:

I like to spend time with my wife and four children. I like to play tennis and read. I also like to learn new things and strive to strike up a proper balance between existing relationships and new adventures.

Office Manager/Assistant

None

Fax

(949) 475-9087

Office Hours

Monday through Friday, 10:00 a.m. to 6:00 p.m. and by appointment.

Emergency After Hours

Yes

Foreign Languages

No.

Fixed-Price Services and Fees

We negotiate fixed fees for a variety of individual projects. For example, we prepare and issue legal opinions in connection with the sale of restricted stock through a broker-dealer for $400. We can prepare registration statements for the sale of securities to the public for $40,000.

Hourly Rates

$300 to $500 per hour.

Free Initial Consultation?

We offer a free initial consultation of 1 hour to ½ day for people who are referred to us by existing clients. We offer a 1 hour to ½ day initial consultation to people who provide their most recent business and personal tax returns.

Typical Retainer

$2,500 for availability in year one of the relationship.

Understanding Fees

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