Are you an growing company in the Mid-Atlantic region that is seeking outside investment? If so, IMPACT 2013 may be the perfect opportunity for you.
The IMPACT 2013 Venture Summit is an opportunity for growing technology and health care companies, along with innovative early stage businesses, to pitch their company to prominent investors. IMPACT 2013, also offers networking opportunities with business community leaders and panel sessions that offer relevance, value and expert knowledge.
IMPACT 2013 will take place October 22 and 23, 2013 in Philadelphia. We at Fox Rothschild LLP are proud to be the host sponsor of IMPACT 2013, and we look forward to seeing you there.
Click here to learn more and apply to be a featured company at IMPACT 2013.
What does the Federal Circuit’s recent decision in CLS Bank Int’l v. Alice Corporation Pty Ltd. mean for software patents? Is it the “death of hundreds of thousands of patents” as one judge stated, or just a bump in the road?
In a per curiam opinion published May 10, 2013, the Court ruled that the method and computer-readable medium claims of four patents were not directed to patent-eligible subject matter. The patents at issue were U.S. patents 5,970,479; 6,912,510; 7,149,720; and 7,725,375. In broad terms, the patents covered methods and systems for managing risk, such as the risk that may arise from one party failing to perform an obligation (such as pay a debt or honor a warranty) to another party.
The Court’s five-judge panel opinion determined that the claims merely covered an “abstract idea.” In support of this determination, the panel’s opinion noted: Continue reading
A new bill introduced in the Senate this week would expand the scope of patents whose validity may be challenged as a “Covered Business Method” patent under the America Invents Act (AIA).
Under the AIA, entities who have been charged with infringement of a covered business method (CBM) patent can challenge the patent’s validity in an additional proceeding after the 9-month post-grant review (PGR) period for other types of patents have has expired. The AIA currently defines a CBM patent as one that claims “a method or corresponding apparatus for performing data processing or other operations used in the practice, administration or management of a financial product or service.” Parties who are sued for infringement of a CBM patent may take advantage of PGR proceedings within one year after being named in a lawsuit or otherwise charged with infringement.
The very short bill, S. 866, introduced by Senator Chuck Schumer (D-NY) on May 6, 2013, would expand the AIA’s CBM program in two ways. First, it would eliminate the program’s sunset provision, which states that the CBM program will end after 8 years. Second, and more broadly, it would expand the CBM definition beyond those involving financial products or services to include any “enterprise, product, or service.” Under this definition, any patent covering “operations used in the practice, administration, or other operations of an enterprise, product or service” would be subject to challenge as a CBM patent.
The rules implementing the CBM opposition program took effect in September 2012. Since then, over 20 CBM challenges have been filed, and the first hearing before USPTO’s Patent Trial and Appeal Board for a CBM review occurred on April 17, 2013.
Court: too close to call
A recent Second Circuit court decision appears to establish a broad fair use exception for the use of artistic works in new works. However, a careful look at the case — and especially at the examples which the court considered too close to call as a matter of law — could leave artists feeling confused about just how broad the exception really is.
The case of Cariou v. Prince involved several photographs by Patrick Cariou. Cariou published his photographs in a book entitled Yes Rasta. Artist Richard Prince altered and incorporated 25 of Cariou’s photos into various paintings and collages. Prince displayed his works in various exhibitions, and he also sold reproductions of a few of them. Continue reading
There is still time to join more than 600 investors, entrepreneurs, business leaders and service providers at the 2013 3 Rivers Venture Fair. This year’s fair will take place on Wednesday April 10 and Thursday April 11 at PNC Park in Pittsburgh, PA.
Since its debut in 2002, the 3 Rivers Venture Fair has become a recognized proving ground for promising technology pioneers, helping featured innovators raise more than $400 million in capital.
This year’s program will feature 40 presenting companies in diverse industry categories, including life sciences, energy, communications, software, manufacturing, media and more.
For more details, visit the 3RVF website http://www.3rvf.com. To register, click here.
On March 13, 2013, the FTC updated its “.com Disclosures” guidance document for online disclosures to address new issues resulting from the expanding use of smartphones and other mobile devices for advertising purposes.
Originally published in 2000, the FTC guide addresses how companies who are engaged in online advertising should provide the various disclosures that are required by the laws that the FTC enforces. These disclosures include those required to prevent a claim that a particular advertisement is misleading or deceptive. Examples include: Continue reading