Author - AAA IPRIGHT5

Why conducting IP due diligence is crucial before a transaction
21 Aug

Why conducting IP due diligence is crucial before a transaction

The assessment of the IP risk involved in a transaction, such as a sale and acquisition of a business or a financial investment in a business, is known as IP due diligence. The state and enforceability of IP, ownership, inventorship, freedom to operate, possible or actual third-party challenges, and licensing activities will all be examined as part of a normal IP due diligence process. Depending on the specifics of the transaction, each of these will be looked at to [...]

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Reductions, Fees for Requesting Special Status, and Other Fees for Trademarks in India
17 Aug

Reductions, Fees for Requesting Special Status, and Other Fees for Trademarks in India

The First Schedule of the Trade Mark Rules, 2017 lists the official trademark filing fees in India as well as fees for other parts of trademark prosecution, such as opposition, renewal, accelerated registration, etc. The document or form submitted in connection with a certain process shall be deemed not to have been filed if the fees are not paid or are insufficient. Application Fees The entity making the application, the number of classes requested, and the method of filing all affect [...]

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Amendments to the Indian Patent System
13 Aug

Amendments to the Indian Patent System

In order to produce, distribute, and utilize knowledge and information for enhancing productivity and economic growth, India continues to rely on intellectual property, making it the knowledge-based economy with the quickest rate of growth. India has often revised its Patent Act and Rules to be in line with international standards. In this vein, the Economic Advisory Council to the Prime Minister of India (EAC-PM) has proposed bringing significant reforms to the Indian Patenting system at the ministerial meeting. We’re [...]

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The Supreme People's Court Releases a Report on How Chinese Courts Will Protect Intellectual Property in 2021
05 Aug

The Supreme People’s Court Releases a report On The Protection Of Intellectual Property By Chinese Courts In 2021

During the 2022 intellectual property publicity week, the SPC conducted a press conference on April 21 and released a report on the status of the protection of intellectual property rights by Chinese courts in 2021. The study outlined the developments in judicial IP rights protection over the previous year. Report On The Protection Of Intellectual Property By Chinese Courts In 2021 The SPC issued a number of judicial interpretations throughout the year, including the Provisions on Several Issues Concerning the Application [...]

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The debt relief program for the settlement of unpaid patent annuities is renewed in Indonesia
31 Jul

The debt relief program for the settlement of unpaid patent annuities renewed in Indonesia

From 2021, Indonesia will continue its debt alleviation program, which includes the settlement of overdue patent annuities. The debt relief initiative, which Indonesia has dubbed its “Crash Program,” has been modified to make it more user-friendly and attentive to the concerns of debtors. The Ministry of Finance’s Regulation No. 11/PMK.06/2022 about Settlement of State Receivables through the Crash Program Mechanism, which replaced a related notification from the previous year and was published on February 21, 2022, lays out the [...]

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Australia IP Report 2021: New Administration, New Developments?
26 Jul

Australia IP Report 2021: New Administration, New Developments?

The Australian government just released its 2021 IP report. This research offers a highly detailed look at the current state of the nation. The headlines of the statistics for patents, trademarks, and designs are provided below. Patents More than 32,000 patent applications were filed in Australia. 90 percent of the applications came from abroad, primarily from the UK, USA, China, and Japan. In the top 5 filers. From Huawei and Oppo. LG, Nestle, and Apple were the other top three filers. Pharmaceuticals, [...]

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Amendments to the Patent Law in South Korea
22 Jul

Amendments to the Patent Law in South Korea

For applications submitted on or after April 20, the updated Patent Act establishes a new mechanism under which, in the event that the final rejection is upheld, the applicant may remove the claims that have not yet been finally rejected from the application and file them independently. According to the prior version, even if one claim in an appeal against a final denial was dismissed, all other claims would also be collectively rejected. Extension of time to appeal a decision [...]

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Cybersecurity in the Securities and Futures Industry in China will be improved.
07 Jul

Cybersecurity in the Securities and Futures Industry in China will be improved.

The China Securities Regulatory Commission (“CSRC”) published for public comment the draft Administrative Measures for Cybersecurity in the Securities and Futures Industry (“Draft Measures”) on April 29, 2022. The CSRC first published interim information security protection measures in 2005, which were eventually updated by the present version in 2012. There were few laws or regulations on cybersecurity or data protection in China at the time. Since 2016, a slew of key rules and regulations have been adopted, rendering the current CSRC [...]

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In brief: Geographical indications of goods in India
27 Jun

In brief: Geographical indications of goods in India

The Ministry of Commerce and Industries’ Department for Promotion of Industry and Internal Trade (DPIT) recently published an amendment to the Geographical Indications of Goods (Registration and Protection) Rules 2002. These regulations took effect on August 26, 2020. A few provisions concerning the regulation of authorized users of goods carrying a Geographical Indication Act have been modified as part of this amendment. The guidelines have also assisted in the simplification of the procedures for GI Authorized Users. The goal of [...]

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Supporting SMEs in Japan with intellectual property
24 Jun

Supporting SMEs in Japan with intellectual property

In Japan and around the world, it appears that SME IP protection differs from that of large corporations. Understanding the patent landscape, as well as the variations between SME and corporate IP treatment, is important. In terms of an inventor’s purpose, however, patent filing is crucial for small and medium-sized businesses (SMEs). As a result, each application’s value to a small business is virtually 1/1, 100 percent, and all in when compared to a major corporation. In that one situation, [...]

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