Case 13-8 Accounting for a Loss Contingency for a Verdict Overturned on Appeal M International (“M”) and W Inc. (“W‚” a competitor of M) have been engaged in long- standing litigation over a specific patent infringement matter. Below is a summary timeline of specific events that have taken place related to this matter: In May 2007‚ W filed a claim against M for patent infringement. For the year ended December 31‚ 2007‚ management of M determined that a loss for this matter was probable
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Patents Wheatley v Drillsafe Ltd. (2001) Wheatley v Drillsafe Ltd. Facts: Wheatley (W)‚ the proprietor and licensee of a European patent relating to a threaded hole cutting device‚ appealed against a decision holding that the patent was invalid on the ground of common general knowledge and accordingly should be revoked‚ and also that‚ in any event‚ there had been no infringement of the patent by Drillsafe (D) and others. Contentions: D maintained‚ inter alia‚ that its use of a semi-penetrating
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A Study in Business Law of Patent Trolls March 12‚ 2014 “‘Oh‚ the story of a troll kind of fits ‘cause the whole Billy Goats Gruff thing‚ it’s someone lying under a bridge they didn’t build‚ demanding payment from anyone who passed. I said‚ ‘How about a patent troll?’” Peter Detkin Counsel for Intel It’s a story every child knows: The poor three Billy Goats Gruff that just want to cross the bridge. The evil troll that blocks their way and demands a stiff toll before letting
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challenging. Although patents do not reflect completely innovations‚ because of its strong relation with R&D activities and its quantifiable data‚ patents has been often chosen as the measurement for R&D innovative activities. Patents do not equal to innovations and not all patents have the same value. There are only a small number of patents that are highly valuable. Approximately 10% of the most valuable patents account for more than 80% of the value of all the German patents (Scherer & Harhoff‚
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Weekly Reflection Week three focused on copyright infringement‚ and the legal issues in cyberspace associated with copyright laws. Copyright infringement can be classified into three theories; direct‚ indirect‚ and vicarious. Direct is the most obvious form because the copyright owner can prove legal ownership of the work in question and that the infringer copied the work without permission. A facilitator in indirect theory of copyright infringement is liable for damages. The copyright owner must
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DRAFT SYLLABUS FOR ADVANCE TRAINING OF EXAMINERS OF PATENTS AND DESIGNS NOTE: 1. ALL THE EXAMINERS SHALL SELECT AT LEAST 5 PATENT APPLICATION NUMBERS ALLOTTED TO THEM AND AWAITING EXAMINATION AND SEND THE NUMBERS BEFORE HAND TO RGNIIPM. 2. SINCE THE TEACHING METHOD IN THIS TRAINING IS BASICALLY BASED ON DISCUSSION / INTERACTION‚ EXAMINERS ARE REQUIRED TO EXHIBIT PROPER DECORUM. 3. THE WHOLE SYLLABUS WILL NOT BE PROVIDED TO THE EXAMINERS. THEY WILL BE PROVIDED DETAILS OF ONLY THE
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used to identify goods of a manufacturer. Submission of theses marks to the U.S. Patent and Trademark Office (PTO) registers trademarks. Intel is a registered trademark for an entire line of products and services. The company‚ Intel Corporation owns many marks incorporating its INTEL mark. Trademark infringement laws are in violation if an unauthorized use of the mark. Cheeseman (2013) stated‚ “Trademark infringement is the unauthorized use of another’s mark. The holder may recover damages and
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Patents Publication number US5883445 A Publication type Grant Application number US 08/731‚878 Publication date Mar 16‚ 1999 Filing date Oct 22‚ 1996 Priority date Oct 22‚ 1996 Fee status Lapsed Also published as CA2213176A1 Inventors Frank T. Holman Original Assignee Holman; Frank T. Export Citation BiBTeX‚ EndNote‚ RefMan Patent Citations (15)‚ Referenced by (3)‚ Classifications (13)‚ Legal Events (3) External Links: USPTO‚ USPTO Assignment‚ Espacenet Power sharing device US 5883445 A Abstract
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Patents Act‚ 1970 Patents Act‚ 1970 is designed to protect inventions in respect of manufacture‚ machine or process of manufacture. On the other hand‚ the Copyright Act‚ 1957 is to protect rights of artists‚ authors‚ producers of films‚ computer software owners etc. Patent is an exclusive rights granted to the patent holder‚ for a limited period‚ as a reward for creative work based on his private initiative. ‘Creativity’ is accorded the status of ‘property’ which can be bought‚ sold‚ licensed or
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Topic 2 Patents and Computer Software (Part 1) What is a Patent? It is a right granted by law to an individual who has created an invention in a form of product or process‚ which is new. In other words‚ a patent simply means a right to an invention. Darcy v. Allin (1602) Co Rep 84 b Stroud’s Judicial Dictionary of Words And Phrases: letters patent for an invention Longman Dictionary of Contemporary English: a paper from a government office (the Patent Office) giving someone
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