The Defend Trade Secrets Act (DTSA) of 2016 was signed into law on May 11th, adding national and international protection for trade secrets to the already-existing state-level laws, which are allowed to remain in place according to the new federal statute. The DTSA taken together with the AIA’s prior use protections, provides 2-part protection, which may allow a company to continue to use its trade secreted inventions even if another entity subsequently patents the invention. This new paradigm is a game-changer for IP strategy - especially for defense, as it adds another route for IP protection outside the usual "race to the patent office".
POSTED BY Bill Petrow and Jeff Goodwin AT 12:51 P.M. May 13, 2016
TAGS: America Invents Act (AIA) | Regulation and Legislation | Strategy | Trade Secrets | Bill Petrow | Jeff GoodwinFinal implementation of the AIA has changed the race track substantially. Companies will have to adjust in order to win the new race to the patent office. ipCG’s cutting-edge ipAIASM services are designed to let our clients dramatically shorten the time between conceiving an invention and filing the patent application. A client company will run—not walk—to the patent office.
POSTED BY Bruce Story and Chris Huffines AT 1:45 P.M. Mar 8, 2013
TAGS: America Invents Act (AIA) | Bruce Story | Chris Huffines | Regulation and Legislation | StrategyThe Leahy-Smith America Invents Act (AIA) recently signed into law by president Obama represents the most substantial modification to the U.S. patent system in the past fifty years, and most notably, changes the U.S. system from a "first to invent" to a "first to file" system. These new rules will undoubtedly cause companies to re-think their intellectual property (IP) strategy and re-tool their IP process.