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Patent

Cohen Law > Patent

Michael Cohen Interviewed by Business Insider Podcast “Brought to you by…” Regarding IP Issues of the Whoopee Cushion

Business Insider Michael Cohen

What happens if you fail to file a patent on an invention or trademark for the name of your product?  Well, that is what likely happened with the Whoopee Cushion.  As iconic as it may be today, no successful patents or trademarks were ever filed, resulting in the Whoopee Cushion product to be used by all, and the name to be used without fear of trademark infringement.  Michael Cohen was recently interviewed by Business Insider's podcast series "Brought to you by...

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USPTO announces extension of certain patent and trademark-related timing deadlines under the Coronavirus Aid, Relief, and Economic Security Act

The United States Patent and Trademark Office (USPTO) today announced extensions to the time allowed to file certain patent and trademark-related documents and to pay certain required fees. These actions are an exercise of temporary authority provided to the USPTO by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed by President Trump on March 27. "Inventors and entrepreneurs are the lifeblood of our economy, and we recognize that many of them are having difficulty as a result of COVID-19," said Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office Andrei...

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Michael Cohen Interviewed by Foundr.com About the Patenting Process

Patenting process

Foundr.com interviews Michael Cohen in an article that outlines the US patenting process entitled "How to Patent an Idea.  And Is it Really Worth it?"  The article discusses issues such as the types of patents available, the process, patenting costs, and enforcement issues. https://foundr.com/how-to-patent-an-idea?fbclid=IwAR09SD09Owh9opZ9O62myA_zZIazfKkRN7dBxnOxlyZINB7jILfTTUkPayU...

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USPTO 2018-2022 STRATEGIC PLAN Draft Published

The United States Patent and Trademark Office (USPTO) publishes its draft 2018-2022 Strategic Plan which is an outline of its mission and goals that it wishes to accomplish in the future. The goals primarily relate to increasing the USPTO's quality and timeliness of prosecuting both patents and trademarks.   For example, one specific action they like to implement is providing examiners with information from applicants' other previously filed patent applications within the USPTO and internationally.  In regards to trademarks, the USPTO desires to "maintain first action pendency between 2.5 and 3.5 months with 12 months or less for disposal pendency".  In other words,...

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What is an Asset Protection Trust?

Asset Protection Trust

You’ve started to amass considerable wealth and you have no idea how to protect it from creditors or potential legal actions where you might be rendered liable. That’s when an asset protection trust (APT) comes into play. Asset protection is the group of strategies implemented to safeguard a person’s or a corporation’s wealth. It limits potential creditor’s access to valuable properties within the debtor-creditor law.This means that it isolates assets without having to resort to illegal practices. Also Read: Hashtags and Trademarks An asset protection trust is one of these strategies that both businesses and individuals can use to shield valuable properties from creditors....

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What Is Asset Protection Insurance

Asset Protection Insurance

In a world of uncertainty, it is always essential to have a backup plan and Asset Protection Insurance is the perfect contingency plan. But what exactly is it? As the name suggests, Asset Protection Insurance was designed to protect your assets. Your car, your home, any recreational vehicles, etc. are included in an asset protection insurance policy in case you need additional coverage than the one provided by traditional policies. Also Read: PRINCIPAL VS. SUPPLEMENTAL TRADEMARK REGISTER DIFFERENCES The main purpose of Asset Protection Insurance is to cover the gap between the present market value and the original invoice price of the property in...

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Cannabis Intellectual Property and Marijuana Patents

Cannabis Patents

Michael Cohen of Cohen IP Law Group recently presented a lecture regarding various issues of patenting cannabis covering the different types of patents and IP which can be used to secure protection, as well as discussing cannabis patent trolls and other issues involving cannabis IP litigation.  The two day seminar can still be accessed through the Seminar Group here:  https://www.theseminargroup.net/seminardetl.aspx?id=18.fivCA...

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Cryptocurrency and Bitcoin Patents On The Rise

According to Patexia, approximately 500 patent application were published in 2017 that included the keywords "Bitcoin" and "Blockchain".  The growing number of filed applications reflects the interest surrounding the elusive crypotocurrency market especially when compared to the number of applications filed in 2012 which were only 6.  The top assignees for Bitcoin were Game Play Network, Bank of America, International Business Machines, Elwha LLC (Intellectual Ventures), and the United Parcel Service of America (UPS).  Surprisingly Google, Microsfot and large banks such as Credit Suisseand ING were not among the top 25 assignees....

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Medical and Recreational Cannabis Patents

Michael Cohen of Cohen IP Law Group PC will be lecturing on patent issues on the second day of the seminar “Medical and Recreational Marijuana” hosted by the The Seminar Group on March 30, 2018 in Santa Monica, California. His topic will be Cannabis Patents: What Can You Get And How Can You Get It. How to apply for and secure either a utility or plant patent for cannabis inventions; How to deal with cannabis patent trolls; Analysis of whether any companies are “cornering” the market on cannabis patents and what that means for the future of innovation in the cannabis industry. To sign...

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Types of Patent Searches and Opinions

It is not commonly known by many inventors that there are different types of patent searches and opinions depending upon the reason for the search. Namely, there are four varieties of patent searches: 1) Novelty (patentability); 2) Freedom to Operate (FTO); 3) Non-infringement; and 4) Validity. 1. Novelty or Patentability Search Novelty searches tend to be the most common search requested. Simply stated, this type of search and opinion is conducted to determine the likelihood of getting a patent through the United States Patent and Trademark Office (USPTO). The question asked is whether the invention is patentable through the USPTO, but does...

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