The holiday industry in the United States is a multi-billion dollar business. In 2016, U.S. consumers spent $655.8 billion dollars between Black Friday and Christmas Eve and the average household budget for holiday gifts came in at approximately $588.90.1 Given the volume of consumer spending devoted to holiday cheer, most companies aim to capture a slice of the proverbial fruitcake. Occasionally, this battle for profit can pit companies against one another, leading to less-than-cheerful legal showdowns. One case in particular comes down to a battle over a quintessential ... Read More ›
Patent Term Adjustment (PTA) is additional time added to the term of a patent based on delays by the United States Patent and Trademark Office (USPTO) during prosecution. The PTA is determined after an application has been granted a patent. An applicant or patent prosecutor should be cognizant of PTA during prosecution because any gain of PTA due to USPTO delay is reduced by applicant delay. In the lifetime of a patent that covers a successful product or technological standard, every day can be highly valuable. This is especially true for biotechnology and pharmaceutical patents for ... Read More ›
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