Invalidating a us patent
He paraded himself as the worst nightmare of the corrupt big money lobby. Since vanquishing Hillary Clinton in November’s election Trump has, in fact, been the financial lobby’s wet dream.He has packed his administration and senior advisory team with former Wall Street financiers, many of them from Goldman Sachs. Trump’s Wall Street picks have talked about deregulating derivative trading, allowing investment banks to make big bets with their own money again, allowing investments in hedge funds, reducing capital and liquidity requirements and dismantling the ability of regulators to supervise the sprawling shadow banking system. “If the Trump administration does just half of what it says it’s going to do in economic policy and financial regulation, another financial crash is almost certain and sooner rather than later,” is the informed verdict of Dennis Kelleher, the head of the Better Markets think tank.Leonid (“Lenny”) Kravets is a patent attorney at Panitch, Schwarze, Belisario and Nadel, LLP in Philadelphia, PA.Lenny focuses his practice on patent prosecution and intellectual property transactions in computer-related technology areas.
One could look at the mountains of public debt piled up in the wake of the crisis (as governments, thank goodness, carried on spending while tax revenues collapsed in order to stop their economies slumping into new depressions).The findings of the study are based primarily on responses to a non-random survey of small tech companies and startups, as well as interviews with some key stakeholders.Of the 223 survey respondents, almost one-third (79) indicated that they had received a patent demand letter.Expect the lobbying for a parallel deregulation in London and Europe to become irresistible shortly after. Governments spent vast amounts of public money to stop banks going bust and devastating the wider economy.
But today interest rates across the developed world are still close to zero and government debt is much higher than it was in 2008, giving policymakers considerably less room for manoeuvre if the system fails again.
Of those 79 respondents that received patent demand letters, 13 had revenue of under 0,000 showing how indiscriminate PAEs can be in their patent assertion campaigns.