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Wisconsin Business Formation Questions & Answers
Q: What are the first steps in protecting a concept for/of a new business? Does it involve patents or copyright?
Kevin E. Flynn
Kevin E. Flynn answered on Jan 23, 2019

Might not be a patent. The Supreme Court has recently made it fairly difficult to patent a method of organizing human activity. See the documents used to train patent examiners -- https://www.uspto.gov/patent/laws-and-regulations/examination-policy/subject-matter-eligibility On the other hand,... Read more »

1 Answer | Asked in Business Law and Business Formation for Wisconsin on
Q: when an LLC is formed and a member invest personal money, is that members personal assets at risk?

In the event of a liability lawsuit or bankruptcy

Glenn B. Manishin
Glenn B. Manishin answered on Feb 26, 2017

No, that is the legal function of the LLC form, shielding personsal assets of the members absent fraud or commingling.

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