Is the End Near for Patent Trolls? Vermont Passes New Law Targeting Patent Trolls

Patent-trolling is a growing nuisance for business owners, particularly start-ups. Patent trolls will buy numerous patents – or buy struggling businesses just for the patents – for the sole use of threatening infringement claims on businesses. Most of the time, the threats are unfounded and rarely state which patents are being violated or how the target's use of that patent amounts to infringement.

Vermont has passed a new law that targets these patent trolls and allows their targets to pursue lawsuits against them. The law allows for a cause of action against "bad faith assertions of patent infringements," but does not define what this phrase means. Instead, it provides the courts a list of characteristics to consider when determining if an infringement assertion was made in bad faith. Read More ›

Categories: Intellectual Property, Patents, Regulatory

Did Newegg Save Online Retail?

In 2007, Newegg adopted a strategy to deal with patent trolls: Never settle – ever.

One of the first times it applied this new strategy was against Soverain Software. While Soverain's website appears legitimate, it has never made a sale. Instead, it targets large, online retailers that use shopping cart checkout technology. Soverain claimed that through two patents, numbers 5,715,314 and 5,909,492, it owned the "shopping carts" present in nearly every online retailer's website. Read More ›

Categories: Intellectual Property, Patents

XG Sciences Announces New Battery Anode with Four Times the Capacity of Conventional Materials

Lansing-based XG Sciences, Inc. has launched a new generation of anode materials for lithium-ion batteries with four times the capacity of conventional anodes. The new anode material is produced through proprietary manufacturing processes and uses XG’s xGnP® grapheme nanoplatelets to stabilize silicon particles in a nano-engineered composite structure. The material displays dramatically improved charge storage capacity with good cycle life and high efficiencies.

This is great news for applications like smartphones, tablet computers, and other products that use rechargeable lithium-ion batteries. XG is working with battery makers to translate this exciting new technology into batteries with longer run-time, faster charging capabilities, and smaller sizes.

Click here for more information about this exciting development.

Categories: Intellectual Property, Trade Secrets

Your Garage Sale could be at risk

It might be illegal to sell those treasures.

The excitement of the hunt for the perfect item at the flea market or the thrill of selling your relative’s antique lamp at a great price could soon be dimmed by the Supreme Court of the United States.  Read More ›

Categories: Copyright, Intellectual Property

Intellectual Property Rights and the Crowdfunding Platform

Crowdfunding, some would say, is the new social networking platform of raising money from people online.  While crowdfunding is a relatively new term and concept, traditional principles of law still apply.  Artists, startups and online creators using this new platform are governed by Intellectual Property principles.

Intellectual Property (IP) refers to the creations of the mind; and most commonly include ideas or inventions, literary and artistic works, symbols that identify your brand, names, logos and/or competitive business ideas or information.  Under this broad umbrella of Intellectual Property, there are generally four categories that govern the use of Intellectual Property:

1. Trademarks
2. Patents
3. Copyrights
4. Trade Secrets

Before pitching or disclosing your concept to an online crowdfunding community to raise money these four categories of protection and the potential resulting consequences should be thoroughly examined.  Failure to do so could result in the inadvertent theft, infringement or forfeiture of your IP rights.  Let's take a deeper look at these four categories. Read More ›

Categories: Copyright, Crowdfunding, Intellectual Property, Patents, Trade Secrets, Trademarks, Venture Capital/Funding

Proposed Legislation Expands Protection of Trade Secrets

Legislation allowing victims of trade secret theft to sue in Federal court was introduced in the Senate recently. The Protecting American Trade Secrets and Innovation Act of 2012, sponsored by Senators Herb Kohl, Chris Coons and Sheldon Whitehouse, grants companies the option of using Federal courts to bring a civil lawsuit against offenders. The proposed law helps companies maintain their global competitive edge by ensuring an effective and efficient way to recover their losses from trade secret theft. Read More ›

Categories: Intellectual Property, Trade Secrets

Top-Level Domain Names: Protect Your Rights

In 2011, the Internet Corporation for Assigned Names and Numbers (ICANN) removed most restrictions on the names of generic top-level domains.  A top-level domain name is the letters after the “dot” in a website address.  The most common top-level domains are “.com” and “.org”.  Internet domains can now be any phrase and contain non-Latin characters (for example, Chinese, Arabic, etc.). Read More ›

Categories: Domain Name Registration, Intellectual Property

Listen Up - Foster Swift Attorneys Discuss Interplay Between Intellectual Property and Your Business

Intellectual property is a valuable asset for any business.  Recently, on the Michigan Business Network Legal Impact Hour, Foster Swift intellectual property attorneys, Sam Frederick and Zach Behler, discussed the interplay between intellectual property and business success. Listen to podcasts of the discussion:

• Introduction to Intellectual Property
• Trademarks
• Trademarks & Patents
• Copyrights & Trade Secrets
• Trade Secrets
• Intellectual Property Overview

If you have a question regarding intellectual property, please contact one of Foster Swift's IP attorneys. 

Categories: Copyright, Intellectual Property, Patents, Trade Secrets, Trademarks

Part 3 - U.S. Patent Reform: False Marking Claims

This is the third and final post in a series (Part 1: First-to-File; Part 2: Post Grant Review Proceedings) summarizing the most significant changes created by the Leahy-Smith America Invents Act (the "Act").  As you know, the Act was signed into law on September 16th.  Although hyped as a major change in the U.S. Patents system, the Act does not affect many of the fundamental tenants of U.S. Patent law.

This blog post focuses on: (1) new limitations on false marking claims, and (2) USPTO funding and fees. Read More ›

Categories: Intellectual Property, Patents

Part 2 - U.S. Patent Reform: Post Grant Review Proceedings

As noted in my previous post (Part 1: U.S. Patent Reform: First-to-File), the Leahy-Smith America Invents Act has been signed into law.  The America Invents Act has been sold as "the biggest change in the U.S. Patents System since the 1950s."  The hype, however, is far from reality – as the Act does not affect many of the fundamental tenants of U.S. Patent law. 

This is the second of multiple blog posts that will summarize the most significant changes created by the America Invents Act.  My previous blog post addressed the adoption of a "First-to-File" system.  Today, I will discuss "Post Grant Review Proceedings." Read More ›

Categories: Intellectual Property, Patents