Bozeman Startup Attorneys & Lawyers
Bozeman Startup Lawyers
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Legal Services Offered by Our On-Demand Bozeman Startup Attorneys
On UpCounsel, you can find and connect with top-rated Bozeman startup attorneys & lawyers that provide a range of startup law services for startups and entrepreneurs that are starting a business. Any of the top-rated Bozeman startup lawyers you connect with will be available to help with a variety of your startup law related legal needs on-demand or on an ongoing basis in the city of Bozeman, MT.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Bozeman startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced Bozeman startup lawyer on UpCounsel to help you today.
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- 5 min read
What Is a Search Fund?
A search fund is an investment vehicle, created in 1984, to help connect investors with entrepreneurs and manage a newly created company. The funds are usually set up by one or two entrepreneurs who raise investment funds from different venture capitalists to find suitable investment opportunities. The creation of a search fund is generally accredited to Professor H. Irving Grousbeck from Stanford Graduate School, who created the model to help two students who were looking to raise funds for buying a business.
A search fund makes it possible for entrepreneurs to connect with investors and raise equity investments. There are different stages of the development of the search fund, such as:
- Raising the initial capital
- Finding an acquisition deal of companies valued between $5 million and $30 million
- 5 min read
LLC Versus C Corp: What Is It?
An LLC is a business entity that is legally separate from its owners, who are known as "members." An LLC can have one member or many members.
A C Corporation refers to any corporation taxed separately from its owners. Unlike S Corporations, taxing of C Corporations occurs twice, once on the earnings and again on the salaries of the owners.
Similarities of an LLC and an S Corp
LLCs and S Corps have several similarities:
- Limited liability protection. In both an LLC and an S Corp, owners are not personally responsible for business debts or liabilities.
- Separate entities. LLCs and S Corps are separate legal entities formed through a state filing.
- Pass-through taxation. Both usually
- 12 min read
What Is Freedom to Operate?
Freedom to operate, also known as FTO or right to use, means you have the freedom to test, market, or sell a product or service in a specific area. Sometimes, intellectual property rights only count in a country or a region, and outside of them you have the FTO to do whatever you want. The phrase is often used when determining if a specific action can take place without infringing on the intellectual property rights of another. Examples of actions include commercializing and testing products.
For example, let's say the U.S. government gave you a patent for a new kind of speaker. As the patent holder, you have the freedom to market and sell your speaker while no one else can. If it's a brand-new kind of speaker, you can also sell it in other countries without getting their patents.
However, your competition also has the freedom to operate in other countries, since you only have a U.S. patent. Perhaps someone else has
- 2 min read
Chapter 11 is not a type a bankruptcy case we hear of very often. But when we do hear about it, it is usually in the news and it has something to do with a big corporation turning to the courts when it is having financial issues.
What is Chapter 11 Bankruptcy?
- 5 min read
What Is Trade Dress Registration?
A trade dress registration protects the designm symbol, or trademark associated with a brand. The Trademark Act 15 U.S.C. §1052 regulates trade dress, which originally referred to the product's dressing and later expanded to include product design and packaging. A trade dress application must include designs and drawings, the associated services or goods, and a description.
A product qualifies for this registration based on the distinctiveness and functionality of its trade dress. Before accepting a trade dress application, the U.S. Patent and Trademark Office (USPTO) must see a clear "acquired