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Covenant to not sue “at any time” terminated with the license agreement

Patently-O

provides a lesson into the importance of carefully drafting—and understanding—the scope of licensing terms, especially covenants not to sue. Background In 2005, AlexSam licensed its prepaid card patents to MasterCard in exchange for ongoing royalties based on the number of “Licensed Transactions.”

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The Fintech Revolution And The Its Adoption By Financial Regulatories

IP and Legal Filings

Therefore, credit cards are considered the first invention towards financial technology. Since then, modifications and inventions have resulted in its evolution in various sectors ranging from Banking and Finance to its introduction in our everyday services such as online grocery shopping, cab service, food service etc. Act, 2007. [ii]

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Informal innovation: The re-emergence of ‘informal’ washing machines

SpicyIP

In fact, a very similar ‘invention’ was made by Remya Jose, a 10 th grade school student from rural Kerala, in the early 2000s. Efforts were made to commercialise this innovation – re-designing to lower costs, a patent was filed, licensing and royalty sharing agreements were entered into, but mostly in vain, at least in India.

Marketing 126
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SpicyIP Weekly Review (February 26- March 3)

SpicyIP

Other Posts Journey Through “Januarys” on SpicyIP (2005 – Present) Image from here Sit back, relax, and sift through the pages of January’s posts on SpicyIP! Microsoft Technology Licensing LLC v. Thus, the Court held the adoption to be mala fide and passed an ad interim injunction in the favor of the plaintiff.

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COVID-19 Vaccine Patent Infringement? The Battle Between Moderna and Pfizer/BioNTech Continues

SpicyIP

Since biotechnology inventions can be covered by several patents, each of which may not be easy to identify through public searches, the decision to publish a consolidated list of patents is a move in the right direction. Interestingly, as of January 12, 2023, Moderna has listed 10 patents covering Spikevax (its mRNA vaccine) on its website.

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“Right to Access a Public Record” vs “Right to not Communicate the Work”: Where is Public Interest?”

SpicyIP

In Rajeev Kumar vs Jamia Millia Islamia (12th April 2021), an extremely interesting tussle was seen with the copyright over a thesis being pitted against a person’s right to obtain information under the Right to Information Act, 2005. 12 ) or anywhere else, because granting of patents necessarily includes publication of invention.

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Some Concerns about the Amendment Process to Key Patent Levers: A “Captured” Patent Office?

SpicyIP

This is because they allow competitors to the patent applicant, who are more likely to be more familiar with the invention sought to being patented, to contribute to the examination process by bringing forth the latest “prior art” to the attention of the Patent Office.

Patent 52