patent laws

On October 1, we wrote a blog about patent trolls, otherwise known as NPEs (Non-practicing entities), which are companies that don’t make or sell anything; they solely own patents. In an effort to thwart these patent trolls from buying patents for the sole purpose of frivolous lawsuits against unsuspecting businesses, the House Judiciary Committee Chairman, …

Recently, there has been historic progress made in the way patents are issued in the United States.  After nearly 60 years with no patent reform, President Obama signed the America Invents Act into law September 16, 2011. So, how does the new law affect the invention industry? Legislators say they hope the law will be …