The Leahy-Smith America Invents Act is effective today, March 16th 2013. This law moves the U.S. patent system from a “first to invent” to a “first inventor to file” system, it develops post-grant opposition and eliminates interference proceedings.
The act should reduce and stabilize intellectual property lawsuits which in turn should help mature the IP insurance marketplace. The more stable claims become the more confident insurance companies are to offer terms.
Contact InsuranceForIP.com today to discuss your insurance options.