2019

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Museums that Give Away Open Access Images of Public Domain Work

Creative Law Center

Innovative museums share their collections with high resolution open access images that can be used by anyone for anything. The post Museums that Give Away Open Access Images of Public Domain Work appeared first on Creative Law Center.

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The USPTO Issues First Hemp Plant Variety Patent; Expect More to Come

More Than Your Mark

The first U.S. plant patent has been issued on a variety of hemp, which is by federal law a cannabis plant with less than 0.3% tetrahydrocannabinol. See our post, “ The USPTO Issues First Hemp Plant Variety Patent; Expect More to Come ,” on our cannabis law blog, Legally Grown , to read more. If you have any questions about this post or any other related matters, please contact us at info@norris-law.com.

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Greenspoon Marder Intellectual Property Blog: Profit Awards in Trademark Cases: Supreme Court to Decide Whether Willfulness Is Required

Greenspoon Marder LLP

By: Sharon Urias, Esq. On June 28, 2019, the United States Supreme Court granted certiorari to Romag Fasteners, Inc. v. Fossil, Inc., a case involving the question of whether profit awards in trademark cases require evidence that the infringer acted “willfully.” Romag, a manufacturer of magnetic snaps and fasteners, first sued Fossil, a fashion accessory brand, in 2010 for patent […] The post Greenspoon Marder Intellectual Property Blog: Profit Awards in Trademark Cases: Supreme Court to D

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The “Likelihood of Confusion” Test for Trademarks: What to Know When Creating Your Brand

McBayer IP Blog

Posted In Trademark The purpose of a trademark is to provide your business with a unique identifier on which to build your brand. Trademarks then help you to stand out in the marketplace. It’s only fitting, therefore, that one of the key elements of trademark infringement under the Lanham Act, also known as the Trademark Act, is the likelihood that consumers would be confused by a mark that is similar in some way to the potentially-infringed trademark.

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Software Composition Analysis: The New Armor for Your Cybersecurity

Speaker: Blackberry, OSS Consultants, & Revenera

Software is complex, which makes threats to the software supply chain more real every day. 64% of organizations have been impacted by a software supply chain attack and 60% of data breaches are due to unpatched software vulnerabilities. In the U.S. alone, cyber losses totaled $10.3 billion in 2022. All of these stats beg the question, “Do you know what’s in your software?

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Getting A Default Judgment In A Nonpayment Proceeding

GDB Firm Blog

You've served your rent demand, no payment. You've started your nonpayment proceeding, no answer. Now you're ready to ask the court to grant you a judgment of possession based on the tenant's default. Easy, right? Not really. There are a number of items on the judge's and the warrant clerk's checklist that must be satisfied first.

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2019 is a Huge Year for Public Domain Art

Art Law Journal

Steve Schlackman. On Jan 1, 2019, we not only ushered in a new year but also an unprecedented amount of creative works entering the public domain.

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What is in the Public Domain?

Creative Law Center

The public domain freeze is over. More creative work is free for use than ever before. Here's how to tell if a work is in the public domain. The post What is in the Public Domain? appeared first on Creative Law Center.

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Do Cannabis Patents Lack Utility?

More Than Your Mark

Cannabis-related U.S. patents have been issued since at least the mid-1990s. But if the only way to practice a cannabis patent involves breaking federal law, does the patent lack utility? See our post, “ What’s the Use – Do Cannabis Patents Have Utility? ,” on our cannabis law blog, Legally Grown , to read more. If you have any questions about this post or any other related matters, please contact us at info@norris-law.com.

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Developing IP Strategy for FDA-Regulated Drug Products Requires Special Considerations

More Than Your Mark

Despite the widely diverging needs of the different industries that make use of the US patent system, US patent law applies essentially the same rules to innovations from all technology fields. This means that drug and biotechnology-based inventions are treated no differently by the U.S. Patent and Trademark Office (USPTO) as inventions in fields such as computer science, information technology, household consumer products, financial services, and industrial chemicals, etc.

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My Condominium Needs To Perform A Major Capital Improvement Project - What Do We Do?

GDB Firm Blog

Many of our condominium clients face expensive capital improvement projects. While cooperatives can obtain a traditional mortgage loan by pledging their building as collateral, condominiums cannot do this. But there is still a way for condos to finance their projects.

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IPO Diversity in Innovation Toolkit

Women and diverse employees have the technical skill and knowledge, yet their contributions are not patented at the same rate as those of their male counterparts.This toolkit can help organizations move the needle on achieving gender parity in innovation.

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McDonald's Learns a Trademark Truism: "Use It or Lose It"

McBayer IP Blog

Posted In Trademark A well-known truism of trademark law is that if the owner of a trademark is not making adequate ongoing use of that trademark, the owner of the mark is at risk of jeopardizing the continued right to enforce the trademark to prevent others from using the same or a similar mark in a related line of business. Apparently the McDonald’s restaurant chain just this week felt the pain of this rule, possibly losing the right to enforce the BIG MAC trademark anywhere throughout t

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Keeping Abreast Of Payments Made To Your Customer

GDB Firm Blog

The New York State Prompt Payment Act allows subcontractors to be informed by the owner of payments made to the prime contractor.

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Face Facts: A Lien Valid On Its Face Will Not Quickly Be Dismissed

GDB Firm Blog

A recent case reiterates the rule that a lien which appears valid on its face will not be summarily discharged by a court until a full trial has been had to resolve disputed facts.

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Court Holds 6-Month Limitation Period "Unreasonable and Unenforceable"

GDB Firm Blog

"A limitation period that expires before suit can be brought is not really a limitation period at all, but simply a nullification of the claim," and will not be enforced.

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Key Differences Between a Cooperative and a Condominium

GDB Firm Blog

There are several material differences between residential buildings that are created as a Cooperative or as a Condominium. Those material differences are important to understand.

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Don't Lose The Right To Foreclose Because Of A Years-Old Default

GDB Firm Blog

Every week, one of my partners tells me about a court decision in which a bank lender blew the statute of limitations and lost the right to foreclose. Almost all of these cases involve securitized loans with incompetent "foreclosure factory" lawyers and inattentive bankers. However, there is one important lesson that even the most diligent lender should learn.

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Cybersecurity Covenants in Loan Documents

GDB Firm Blog

In my October 21 blog, I described a new law in New York that will require almost all businesses to adopt formal cybersecurity protection programs. Small businesses ARE NOT exempt, but they have a lesser compliance burden - they must have and implement a cybersecurity protection program that is appropriate based upon the size, nature and complexity of the business.

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The New York Lien Law §76 Demand To A Contractor

GDB Firm Blog

A construction contractor often receives a demand for information--under New York Lien Law §76 -- for a verified statement of entries of job costs and expenses. What is this about? How should a contractor respond?

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Reminders Versus Demands

GDB Firm Blog

June's Housing Security and Tenant Protection Act imposed a new requirement on landlords in the event their tenants don't pay, which has created some confusion with the rent demand that is usually issued.

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The OCC, Banks and the Federal Courts

GDB Firm Blog

I don't normally blog about court decisions, but in 2015, the United States Court of Appeals, in a case referred to as "Madden," tossed a monkey wrench into the ability of banks to sell loans. Before Madden, if the interest rate on a loan was valid when it was made, then the interest rate remained valid even after it was sold. Thus, before Madden, if a bank legally made a loan at 12% interest, and then sold it to a non-bank that was not permitted to lend at more than 10%, the 12% ra

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Stay Out of Trouble With the Federal Trade Commission

KMK Blog

Whether you’re an active influencer on social media or just occasionally endorse a friend/family member’s product or service, check out the easy-to-read (and apply!) Disclosures 101 for Social Media Influencers brochure and video the FTC published last week. One way to stay out of trouble is to sufficiently disclose your relationship. Find the document and three videos here.

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Give Your Account Documents a Checkup

GDB Firm Blog

In 2008, I wrote in the Business Law Journal that legal developments lagged behind technology so banks needed to stay at the head of the curve to avoid claims of negligence for failing to offer state-of-the-art solutions to customers. Recently, we had a practical application of this situation. The Uniform Commercial Code requires depositors to review checks shown on their account statements for alterations or forgeries.

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Down Goes Frazier (FinTech)

GDB Firm Blog

The knockout punch was in May when a federal judge decided that offering a national FinTech charter exceeded the OCC's authority. The referee's count reached 10 last week when judgment was entered against the OCC, paving the way for an appeal. A few years ago, the OCC announced that it would accept applications for "FinTech" charters under the National Bank Act.

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It's Not Quite Schadenfreude, But Now Maybe Other Businesses Will Understand Your Pain

GDB Firm Blog

In the closing rush of the legislative session in July, New York adopted a statute that requires all businesses that keep sensitive personal information to maintain appropriate procedures to protect against security breaches. Banks and certain other regulated entities that comply with Gramm Leach Bliley, HIPPA or NY Department of Financial Services Part 500 requirements are exempt.

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Don't Abandon the Abandoned Property Law. You May Lose Interest.

GDB Firm Blog

Busy bodies, like whistleblowers, can sue to collect money fraudulently withheld from New York State, and share in the recovery if they win. In 2015, a data analytics company sued J.P. Morgan for allegedly fraudulently delaying the date when it was required to pay abandoned property to the Comptroller, and not paying interest during the delay. In August 2019, the court held that interest was required to be paid.

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The GAO Criticizes FinCEN For Not Communicating CTR and SAR Metrics. But Is Communication Enough?

GDB Firm Blog

In August, the GAO issued a report titled, "Agencies and Financial Institutions Share Information but Metrics and Feedback Not Regularly Provided." The GAO criticized FinCEN and recommended more feedback from FinCEN about reports that had been filed. Unfortunately, the report ignores the cost/benefit analysis of filings in the first place. FinCEN's website reports than depository institutions filed over 16,000,000 SARS since 2012.

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Is Using A Credit Card To Buy Bitcoin The Same As Getting A Cash Advance? Chase Says Yes!

GDB Firm Blog

First, let's get the clutter out of the way. I think cryptocurrencies are useless and have no social utility other than to allow people to gamble without going to a casino, if you call that social utility. For over 5 years, I have been challenging Bitcoin proponents at public forums to give me one useful case, and other than protecting against Venezuelan hyperinflation by parking local currency in a Bitcoin wallet, no one has met my challenge by providing a justification for its existence.

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Guidance Issued Regarding the $20 Cap on Application Fees

GDB Firm Blog

The New York State Department of State (the "DOS") has just issued a Guidance for Real Estate Professionals in connection with the Housing Security and Tenant Protection Act of 2019 (the "Act"), that addresses, among other topics, the $20 limit on application fees.

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Willful Exaggeration of Lien For Extra Work

GDB Firm Blog

The Lien Law seeks to punish a willful exaggeration of a mechanic's lien, not honest differences of opinion concerning what is owed. But can one be punished for liening for extra work which ultimately proves to be within the scope of the contract? A recent case suggests "yes," under the right circumstances.

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Avoiding Unnecessary Litigation Expense, Especially When You Are Not Even a Party to the Lawsuit

GDB Firm Blog

Your customer gets involved in a dispute with a former business partner and the next thing you know, you are being dragged in because you have years of records that one side or the other wants to prove their case. You have no liability, but your employees waste hours, or days, collecting information, appearing for depositions, or testifying in court.

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Maximizing Your Protection for Remotely Given Customer Payment Orders

GDB Firm Blog

As technology evolves, many banks forget to take advantage of a 30-year-old UCC provision that protects them when they accept remote customer directions to send. In a commercial context (this law doesn't apply to Regulation E transfers involving consumers), if a bank creates a commercially reasonable security procedure and requires the customer to follow that procedure in order to remotely authorize a transaction, and the customer agrees to the procedure, the risk of an unauthorized directi

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Personal Liability for Trust Fund Diversion By Home Improvement Contractor

GDB Firm Blog

A recent decision highlights the special remedy available to an owner of a home improvement whose contractor misused funds paid by the owner—a claim for personal liability of the officer or agent responsible for the diversion of trust funds.

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Make Sure Your Vendor Cybersecurity Policies And Procedures Are Up To Snuff

GDB Firm Blog

The final step in the two-year phase in of the DFS cybersecurity regulations came in March 2019, when Section 500.11 regarding vendors became effective. DFS can't directly regulate your vendors, but they can do so indirectly by telling banks, insurance companies and everyone else DFS licenses, charters, permits or regulates who they can, and can not, do business with.

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Vendor Cybersecurity Policies and Procedures - The Nitty Gritty

GDB Firm Blog

Last week, I wrote about DFS's requirement for written vendor cybersecurity policies and procedures generally. Now let's talk about specific issues. What issues should you make sure that your vendors address in their own procedures? DFS is very specific. 1. What are the vendors' access controls? Do they use multi-factor authentication when appropriate?

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Can You Get Liquidated Damages and Also Actual Damages On Account Of Delay?

GDB Firm Blog

The common perception is that you cannot get both liquidated damages and also actual damages. A recent case points out that unless the LD's are stated to be the "exclusive remedy," you can probably get both.

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