2 legal considerations for uav entrepreneurs

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