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Small Entity Status: Potential Pitfalls and Curative Measures
In 1980, Congress amended the patent code to require patent owners to pay periodic maintenance fees in order to keep their patents in force. In response to concerns about the financial impact on individual inventors and small businesses, a 'small entity' category was added to the law to permit certain individuals, nonprofit organizations, and small businesses to pay half of most normal U.S. Patent and Trademark Office ('PTO') fees.
However, under the governing small entity regulations, when a small entity licenses or transfers some or all of its rights in the patent to an entity that does not qualify for small entity status, the patent is no longer subject to the small entity discount, and full non-discounted fees must be paid. Unfortunately, this change in status is not always recognized, leading to the erroneous payment of issue or maintenance fees at the discounted rate. Can such an erroneous payment support a defense in a patent infringement suit, such as inequitable conduct, patent expiration for failure to pay the proper fees, or intervening rights? These and other issues are addressed below.
Patent Expiration and Enforceability
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Warehouse Liability: Know Before You Stow!
As consumers continue to shift purchasing and consumption habits in the aftermath of the pandemic, manufacturers are increasingly reliant on third-party logistics and warehousing to ensure their products timely reach the market.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.