In 1998, the Court of Appeals for the Federal Circuit made it clear that a “business method” was patentable under the U.S. Patent Act. Since that time dozens of tax reduction strategy patents have issued while nearly 100 more are pending at the Patent Office. That, compiled with an estate planning infringement case has had a significant impact for tax advisors and their clients. Foley partners, Barry Grossman and William Weinsheimer will review relevant patent law basics and discuss the potential impact that the patenting of estate planning techniques may have on all advisors involved in the estate planning process. The panel will occur at the upcoming CSO Professional Luncheon Seminar and include Christine Albright, Winston & Strawn and Mary Lee Turk, McDermott Will & Emery as additional panelists.
People
Related Insights
31 December 2024
Foley Viewpoints
SEC Enforcement Action Against Church & Dwight Director: Lessons for Outside Directors
The SEC’s settlement with James R. Craigie, former CEO, chairman, and director of Church & Dwight Co. Inc., for violating proxy disclosure rules by standing for election as an independent director without disclosing his close personal friendship with a senior Church & Dwight executive has caused consternation in the legal community regarding when a friendship jeopardizes director independence under stock exchange rules.
31 December 2024
Manufacturing Industry Advisor
The State of the Law of Requirements Contracts
Amid increasing pressure on supply chains across the globe, multiple recent court opinions have disrupted the law of requirements contracts.
30 December 2024
Foley Viewpoints
Controlling Entities to Dealer Contracts Subject to Puerto Rico’s Law 75 May Be Liable for Tortious Interference
Plaintiffs asserting claims for tortious interference of contracts covered by Puerto Rico’s Dealer’s Contracts Act, commonly known as Law 75, may automatically satisfy one element of such a claim. Law 75 regulates relationships between distributors and manufacturers.