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Maximize Your Commercial Benefit by Registering Your Intellectual Property

Maximize Your Commercial Benefit by Registering Your Intellectual Property

A creative mind gives birth to Intellectual Property. Just like your car, home, furniture, works of your creative mind that have commercial value are also your property. The Law recognizes Intellectual properties to help new businesses establish and gain a unique identity thereby promoting the Economy. Trademarks, Patents, Design Registrations and Copyrights are the different types of IPs you need to understand while augmenting the returns of your commercial efforts in the world. A Trademark is a sign, symbol or a phrase; a patent is an idea; a Design Registration includes a novel shape while a Copyright is expression of idea in literary or artistic terms such as poems, photos, .

While commencing a new business or commencing a proprietorship or a firm you need to understand Intellectual Properties well so that you can build your identity and exercise your Goodwill once your business is established. Moreover, by registering IPs from a good intellectual property attorney los angeles, you can protect your brand from being misrepresented or abused.

Intellectual Property Rights are an important area where violations can occur even when you are not aware of such instances. If you are …

Aside From Inventors Who Will Benefit From Inventors Legislation?

Aside From Inventors Who Will Benefit From Inventors Legislation?

Aside from inventors, who will benefit from America Invents Act legislation? HR 1249 is a bill that has recently passed through the Senate and will soon be put to a vote in the House of Representatives. There are many different views on how this act, if passed through Congress, will affect American ingenuity.

The America Invents Act is a basic overhaul of a patent system that has been instilled for a very long time. Originally, men or women would file for a patent under the understanding that they had invented their product first. If someone stole the idea and filed for a patent beforehand, all the original inventor had to do was prove that is was his invention, and the patent would then revert to him. HR 1249 changes this. This makes it a “first-to-file,” standard. Regardless of who really invented it first, the person who files for the patent keeps it permanently.

There’s been a lot of debate on the impact this will have on American society as an inventive one. Although inventors will benefit from this by being able to permanently secure their patents without fear of retraction, it …

Employee Benefit Plan Auditing And Financial Reporting Models

Employee Benefit Plan Auditing And Financial Reporting Models

What is the ERISA Advisory Council?

Section 512 of ERISA provides for the establishment of an Advisory Council on Employee Welfare and Pension Benefit Plans, known as the ERISA Advisory Council. The duties of the council are to advise the Secretary of Labor on issues important to the administration of ERISA, and submit recommendations regarding the Secretary’s functions under ERISA. The Council consists of 15 members appointed by the Secretary of Labor, and includes representatives of employee organizations, employers, the general public, and the accounting profession. Typically, the Council focuses on three to four issues each year. For each issue, the Council defines the issue to investigate, takes testimony from witnesses, and submits a report of findings and recommendations to the Secretary of Labor.

What does this study include?

According to the Issue Paper for this project, the Council’s goal is to make recommendations to the Secretary of Labor with respect to ERISA’s audit and financial reporting requirements; the desired outcome is to improve the Department of Labor’s oversight of employee benefit plan audits. The Council plans to study the following:

In its work on the audit and financial reporting requirements, the …