Federal Antitrust Laws: Including Sherman Antitrust Act, Clayton Act, Federal Trade Commission Act, and Hart-Scott-Rodino Act for merger review considerations in larger consortiums
Corporate Law: State-specific corporate laws for consortium registration and Delaware General Corporation Law if registered in Delaware
Contract Law: State-specific contract laws and Uniform Commercial Code (UCC) provisions governing contractual relationships
Intellectual Property Laws: Patent Act, Copyright Act, Trademark Act, and Trade Secrets Protection under the Defend Trade Secrets Act
Competition Laws: Federal and state competition regulations, including joint venture guidelines to ensure compliance with market competition rules
Securities Laws: Securities Act of 1933 and Securities Exchange Act of 1934, particularly relevant if public companies are involved
Tax Considerations: Internal Revenue Code, state tax laws, and partnership tax rules affecting consortium operations and distributions
Employment Laws: Fair Labor Standards Act, state employment laws, and worker classification rules governing employment relationships
Industry-Specific Regulations: Sector-specific compliance requirements depending on the industry (telecommunications, healthcare, finance, etc.)
Data Protection and Privacy: State privacy laws, industry-specific privacy regulations, and cybersecurity requirements for data handling
Governance Structure: Management committee structure, voting rights, and decision-making processes within the consortium
Financial Arrangements: Terms for contributions, profit sharing, and cost allocation among consortium members
IP Rights Management: Provisions for IP ownership, licensing arrangements, and development of new intellectual property
Liability and Indemnification: Risk allocation, insurance requirements, and limitation of liability provisions between parties
Term and Termination: Duration of agreement, exit provisions, and procedures for dissolution of the consortium
Confidentiality Provisions: Protection of trade secrets, non-disclosure obligations, and data handling procedures
Competition Provisions: Non-compete provisions, market allocation rules, and pricing policies to ensure fair competition
Dispute Resolution: Choice of law, jurisdiction specifications, and arbitration/mediation procedures for conflict resolution
