Doug McQueenof the LeClairRyan Law Firm

Newark, New Jersey

Legal Considerations for UAV Entrepreneurs

Hiring an Attorney?

Why hire an attorney?When to hire an attorney?Don’t wait until you have a

problem!

Initial TransactionalBusiness FormationAcquisition / Divestiture

o Due DiligenceFinancing

o Venture Capitalo Loans vs. Investment

Ongoing Transactional

Contracts:o Leases on equipment and real propertyo Purchaser/Supplier contractso Service Contractso Government Contracts

Intellectual Property

PROTECTING THE FRUITS OF YOUR LABOR!Patents, Copyrights, TrademarksLicensing AgreementsFranchising

InsuranceInsurers WANT to underwrite this industryDeveloping a “risk profile”Need to understand:

o Nature of the regulationso Types of operations

Regulatory ComplianceDeveloping UAV Regulations

o FAA / DOT ComplianceInternational Trade in Arms RegulationsForeign Corrupt Practices Act

Risk Assessment / Safety ConsultingSafety Training / SMS RequirementsSafety AuditingGovernment Contract obligations

Litigation

Personal Injury / Property DamageProduct Liability / Warranty ClaimsContract DisputesIntellectual Property Infringements

Questions?

22 offices in multiple states, including California

www.LeClairRyan.com973-491-3514