Top Intellectual Property Law Issues, 2006, From Wolf, Greenfield & Sacks
7 January 2006 Patent system reform. "Everyone is complaining about the patent system, a growing drag on the US economy and companies facing global competition. From inventors whose patents are taking years to be examined by the Patent Office to companies that face one lawsuit after another from so-called patent trolls, no one is happy with the way the system is working," says patent lawyer James Morris with Wolf, Greenfield & Sacks, P.C. in Boston. "Given that intellectual property has become a cornerstone of the American economy, strengthening protection of companies' intellectual property is a priority. There will definitely be some changes to the patent system in 2006." Counterfeiting explodes; victims fight back with help of new laws. Counterfeit goods now bring in an estimated $350 billion a year, about 5 to 7 percent of all worldwide trade, and knock-offs of American products top the charts. "You can use the law to fight back and make sure that you control the market you've developed and the brand image you've created," says trademark expert Doug Wolf. Meanwhile, Congress is providing more weapons. The just-enacted "Stop Counterfeiting in Manufactured Goods Act" makes it illegal to traffic in counterfeit labels and extends the types of property subject to forfeiture. The proposed "Intellectual Property Protection Act of 2005" would greatly expand the criminal sanctions of the Copyright Act. Despite vigorously enforcing its property rights, Wolf Greenfield client Burton Snowboards has discovered many fake Burton products here and abroad. "Fighting piracy is a never-ending battle for every company with a famous brand," Wolf says. Highlighted Links Wolf Greenfield Supreme Court to consider unusual number of patent cases involving eBay and others. In December the court agreed to hear "eBay, Inc. v. MercExchange, LLC." In this case, involving a business-method patent, the top patent court, the US Court of Appeals for the Federal Circuit, ruled that a patent owner that has proved infringement get an injunction even if patent owner isn't using the patent. "If you can put someone out of business, that gives you a lot of bargaining power," say Wolf Greenfield litigator Jim Foster. "This is a very big issue impacting law and litigation." "Illinois Tool Works, Inc. v. Independent Ink, Inc." focuses on the conflict between patent and antitrust law. Under current law and the Federal Circuit's recent decision, a patent holder is presumed to have market power, and if there's an antitrust complaint, must prove it doesn't have market power. This is a complex case where the patent holder allegedly required customers to buy both unpatented and patented products, Foster says. Arguments were heard in November, with decision expected in the first half of 2006. "I think the Supreme Court will reverse the Federal Circuit," he says. CREATE Act: far-reaching implications for biotech collaborations between companies and universities. The Cooperative Research and Technology Enhancement Act of 2004 affects the growing number of collaborations between universities and companies, says Helen C. Lockhart, head of Wolf Greenfield's biotech practice. Universities have to be aware of the risks. A corporate collaborator could make seemingly obvious contributions pursuant to a joint research agreement and wind up with a blocking patent that could paralyze the university in the event of a 'divorce.' Wolf Greenfield (www.wolfgreenfield.com), Boston, is one of New England's largest and oldest intellectual property law firms, serving companies that make everything from snowboards to biotech drugs to electronics to water-purification systems -- plus universities and research centers. Contact: Henry Stimpson Stimpson Communications 508-647-0705 Email Contact SOURCE: Wolf, Greenfield & Sacks
Source: marketwire
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