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December 2015 Archives

QUESTIONS TO ASK BEFORE STARTING A BUSINESS

Before starting a business, it is important to consult an attorney regarding the different aspects of starting a business and other legal traps to avoid. There are many things to consider such as the business entity, business structure, and the contracts involved. Here are some important questions you should ask your lawyer before starting your business: business-questions3-300x203.jpg

THE INTELLECTUAL PROPERTY OF MEDICAL MARIJUANA

The intellectual property rights of medical marijuana are hard to protect because it is currently illegal in a majority of the United States. It is nearly impossible to obtain a patent on marijuana even though there is no law that explicitly prevents patents on illegal substances. The medical marijuana industry is blooming, and while many marijuana growers are developing their own strains of marijuana, they have no way of protecting their product. Medical.jpg

INVENTING A NEW CASINO GAME

The United States is one of the only countries to grant patents for newly created casino games. The process of inventing and patenting a new Casino Game is similar to the patent process of any other invention. As with any new invention, the inventor must first make sure there is nothing likCasino-300x145.jpge it on the market already. 

PATENT COOPERATION TREATY

The Patent Cooperation Treaty (PCT) is an international patent law signed in 1970. The PCT established an international application, also known as the PCT application, which will protect an invention in any country that has signed the treaty. Most industrialized countries are members of the PCT with a few exceptions such as Taiwan and Argentina. The PCT procedure has two phases; the international phase and the national phase. Patent-300x175.jpg

BENEFITS OF A PROVISIONAL PATENT

provisionalstory-300x210.jpgIn 2011, President Obama signed the Americans Invent Act (AIA), which led to enormous changes in patent procedure and law. The changes were slowly implemented, but one of the most drastic changes was converting America's historic first-to-invent system into a first inventor to file system. 

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