What is Venture Law?
Venture law is a collection of legal disciplines collected under
one roof to enable a client to get the strategic legal assistance
which it needs to grow rapidly and obtain financing in a competitive
business environment. These legal disciplines include corporations,
securities, contracts, licensing and mergers and acquisitions.
Venture law also brings the attorney into close contact with the
venture so that the attorney has a genuine interest in the success
of the company enabling the client to benefit not only from strategic
legal advice but also a network which can assist the company in
- Securities Law deals with the network of law and regulation which regulation
the issuance of securities by a company. If your company is thinking
of raising money at its initial formation or any time thereafter,
the offering will be subject the securities laws. These offering
may range from raising under $100,000 from friends and family
to raising millions from venture capital investors.
- Contract Law. In Montana, poorly drafted contracts are the source of many
disputes as we emerge from the handshake era. An attorney who
has experience negotiating and drafting contracts can and will
be able to predict problem areas and work to solve them.
- Corporate Law. Corporate Law deals with the life of corporations through all
of the their stages and the essential documentation for these
stages. Failure to document and follow other corporate formalities
has resulted in personal liability for some company owners in
Montana. Corporate Law also sets forth the actions to be taken
when there are disputes within the corporation between shareholders,
or between shareholders and management.
- Licensing. Licensing is a powerful but less well-known way to create relationships
between individuals and companies. Frequently the owner of intellectual
property such as an invention or some other asset is not in the
best interest to develop that asset. Licensing permits the asset
to get into the hands of a developer without an outright sale.
- Merger and Acquisitions. Corporations from time to time merge or are acquired by other
corporate entities. In the buying selling and merging of businesses
particular legal questions arise which encompass legal skills
in corporate law, securities law, tax law and skills specific
to mergers and acquisitions.
- Nonprofit Law. Nonprofits are now dynamic business ventures for the public
benefit. Entrepreneurs are developing nonprofits in many market
niches to assist our communities and our state. One of the key
steps for these nonprofits is obtaining tax exempt status from
the IRS and maintaining the corporate form of the nonprofit for
this purpose and afterwards.