Startup Companies
Tonkon Torp represents technology startups from formation and founding to ongoing maintenance and exit strategies. The work we do with our startup clients is fundamentally about problem solving, and we help our clients anticipate and navigate the twists and turns of starting and growing a business.

Beyond the legal details, we offer consultation and advising, helping entrepreneurs find the ideal pitch and position to attract capital and buyers. We maintain close working relationships with a number of funding organizations, and our team is comprised of attorneys who are experienced investors themselves.

Tonkon Torp Guides SnappyData through Equity Sale

Tonkon Torp helped client SnappyData, Inc. to negotiate and complete an equity sale to TIBCO Software. SnappyData is a software company based in Portland that operates in the open-source big data space.

Corporate Conversion and Financing for Circuitry Company

Advised client with the negotiation of a term sheet and the documentation of the conversion from an Oregon corporation into a Delaware corporation, as well as the offer, issuance and sale of Series A Preferred Stock to a venture capital fund.

Business Software Services Provider

Tonkon Torp represented a business-to-business software services provider in the sale of its assets to a strategic buyer. The transaction involved highly negotiated and significant earnout provisions. Tonkon also played a significant role in addressing and reconciling the differing and strongly held views of the family shareholders.

Trump Proclamation Suspends Entry of Immigrant Visa Applicants Into U.S. for 60 Days

On April 22, 2020, President Trump issued a Presidential Proclamation temporarily suspending entry into the United States of certain foreign nationals outside the United States seeking immigrant visas. The Proclamation has several exceptions, and…
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Hemp and the Pitfalls of the USDA’s Interim Final Rule

Despite regulatory uncertainty and increased competition, we continue to see explosive growth in the amount of hemp production in the United States, with the amount of total acreage increasing by approximately 550% since the passage of the 2018 Farm…
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Top 6 Ways to Protect a Cannabis Business Brand

As I previously discussed in my article and podcast published in the Portland Business Journal, U.S. federal trademark law does not currently extend to cannabis products. Because the required “use in commerce” of the cannabis plant and related…
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What You Need to Know About Buying and Selling Products Containing Cannabidiol (CBD)

It seems as though products containing cannabidiol (CBD) are everywhere – in supermarkets, health food stores, gyms, even the corner convenience store. And CBD can come in almost every product, regardless of the shape or size: oil, toothpicks, dog…
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The Challenging State of Brand Protection in the Cannabis Industry

Trademark law in the U.S. protects “any word, name, symbol, or design, or any combination thereof, used in commerce” to identify one company’s goods or services from another, and to indicate the source of the goods or services. Protection is…
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Josh Smith Talks Technology Licensing and Transfers for OBI

Tonkon Torp partner Josh Smith was a featured speaker at a recent educational program hosted by Oregon Bioscience Incubator (OBI). The program focused on technology licensing and transfers from educational and other institutions.
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Tonkon Torp Webinar Shares How COVID-19 has Changed the Investor Landscape

On May 5, Tonkon Torp hosted a webinar focused on how investors are responding to the pandemic, and how emerging companies can find capital in this unpredictable environment. The webinar was moderated by Brenda Meltebeke, Chair of Tonkon Torp's…
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Sherrill Corbett and Jessica Morgan Explore Cannabis Business Transition Strategies for PBJ Podcast

Sherrill Corbett and Jessica Morgan were featured guests on the April 8 episode of the Portland Business Journal’s Thought Leadership Podcast. Their episode explored smart transition strategies for businesses in the cannabis industry.
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Startup Jill-of-All-Trades Robin Jones Leads June Tonkon Talk

Robin Jones, CEO of Monsoon, Inc., and a noted Portland-based startup Jill-of-All-Trades, was the featured guest at the June 5 Tonkon Talk.
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Parna Mehrbani Speaks About IP for Food Industry Startups

On May 15, Tonkon Torp hosted the second session of the Oregon Entrepreneurs Network’s Angel Food Education series. Attorneys Tyler Harkness and David Forman emceed the event and welcomed 45 food industry entrepreneurs who are participating in OEN’s…
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Tyler Harkness Featured in PSU Blockchain Panel

Tyler Harkness was a featured panelist at Unlocking Blockchain for Business Leaders, a training event hosted by the Portland State University Center for Executive and Professional Education.
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Tyler Harkness Speaks to PSU Students about ICOs

Tonkon Torp attorney Tyler Harkness was a guest speaker for a blockchain seminar offered by Portland State University. Tyler spoke to graduate students about the evolution of Initial Coin Offerings (ICO) and related federal and state securities laws…
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Tyler Harkness Explores ICOs and Blockchain’s Impact on Venture Capital Financing at TechFest NW

Tonkon Torp attorney Tyler Harkness was featured on two panels during TechFest NW, which was held at Portland State University (PSU).
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Serial Entrepreneur Genevieve LeMarchal Leads April Tonkon Talk

Genevieve LeMarchal, one of the founders of XXcelerate Fund, was the featured guest at the April 3 Tonkon Talk.
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Blerina Kotori Participates in OEN “Ask the Attorney” PubTalk

On March 13, Tonkon Torp employment law partner Blerina Kotori was a panelist at the “Ask the Attorney” PubTalk hosted by the Oregon Entrepreneurs Network.
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Representative Matters

Corporate Conversion and Financing for Circuitry Company

Advised client with the negotiation of a term sheet and the documentation of the conversion from an Oregon corporation into a Delaware corporation, as well as the offer, issuance and sale of Series A Preferred Stock to a venture capital fund.