Proposed legislation seeks to limit patent trolls’ access to ITC investigations
On 29 May 2014, US congressmen Blake Farenthold (R-TX) and Tony Cárdenas (D-CA) introduced legislation aimed at reducing the ability of patent trolls to initiate ITC investigations.
The proposed ‘Trade Protection Not Troll Protection Act’ modifies the domestic industry standard for initiating complaints, makes it faster and easier to dismiss an investigation not meeting the domestic industry standard, and permits earlier termination of investigations where an exclusion order is counter to public interest.
Despite the recent and unceremonious death of the ‘Innovation Act’ in the Senate Judiciary Committee, an act that sought to broadly limit litigation brought by patent assertion entities (PAEs), or ‘patent trolls’, new legislation introduced on 29 May demonstrates the continued support for legislative limits on PAEs…
Click on the link below to read the rest of the Allen & Overy briefing.
News from Allen & Overy
News from The Lawyer
Briefings from Allen & Overy
A new Luxembourg act on the immobilisation of bearer shares and units was published in the Luxembourg Official Gazette on 14 August 2014.
OFAC has issued revised guidance relating to the status of entities owned by individuals or entities whose interests in property are blocked under executive orders.
Analysis from The Lawyer
At the time of its launch Accutrainee was described as a revolutionary change to the training model. Has it proved to be so? Not really.
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.