(Editorial Note: Last week, I posted my thoughts on the proposed changes to the US patent laws from a first to invent to a first to file system. In response to my post, I received an exceedingly detailed and substantive comment from David Boundy, Vice President, Ass't Gen'l Counsel, Intellectual Property at Cantor, Fitzgerald. (David wanted me to say that this post his personal view, and does not reflect the views of Cantor, Fitzgerald.) David's viewpoint on what the proposed legislation will mean to business deserves a forum, and he has graciously allowed me to post his comment in total on the IP Asset Maximizer Blog. Anyone who works with business to generate patent assets should be concerned about the proposed changes.) About guest poster David Boundy: David Boundy has spent over a decade on Wall Street, first in several of New York's most prominent law
Guest Poster David Boundy: A Detailed Examination of What the Proposed First to File Legislation Means to Business
A Closer Look at the Patent Office’s New Conversation about Adoption of a “First to File” Rule and a Proposal for a Win-Win for the Patent Office and Inventors
(Editorial Note: Regular readers of the IP Asset Maximizer Blog might find this post an departure from the usual topics discussed on this blog. In the almost 2 years I have been blogging, I have consciously avoided talking about specific aspects of patent law, both in the form of case law, patent reform efforts and the US Patent Office itself because I believe there are many great blogs that do a great job that frequently discuss these topics and that I can likely add little to the already substantive discussions occurring elsewhere. However, given the great significance of the so-called "first to invent" system to the interests of individual and corporate inventors alike, I felt it appropriate to weigh in on the conversation. Put simply, any changes in the first to invent rule must clearly flesh out and respond to the resulting effects to businesses of all sizes, as well