The Senate Judiciary Committee will begin consideration ofpatent reform legislation on March 27.

The Patent Transparency and Improvements Act of 2013, introducedby Judiciary Committee Chairman Patrick Leahy (D-Vt.) and Sen. MikeLee (R-Utah), would require plaintiffs who file a patent case todisclose their beneficial owners using a standard already adoptedby federal courts.

“America's patent system is the envy of the world and an enginefor job creation. Members of the Senate Judiciary Committee havebeen working on meaningful, targeted legislation to combat patentabuses in our system. As chairman of the committee, I amcommitted to ensuring we move forward with meaningful legislationthis spring,” Leahy said in a statement on Thursday.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.