Loren Donald Pearson

Loren Donald Pearson is a Registered Patent Attorney and a Florida Bar Board Certified Intellectual Property Attorney.  He is a partner at Assouline & Berlowe, PA and leads its intellectual property group.  Read his profile

 
  Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List iconJoin Email List  
 
Monday
Feb032014

Coconut Grove Gets New Label

The Miami Herald is reporting that the Coconut Grove’s Business Improvement District (BID) is trying to change my office neighborhood's slogan to, “Welcome to the Nearby Republic of Coconut Grove Est. 1873.”  

I agree that the grove has become sleepy since I lived here in 1993.  I also agree that Coconut Grove is showing new signs of life.  Two large tenants rented space.  Restaurants and other services are opening to support the employees.

Call me and I will take you a favorite Grove spot for lunch.


Read more here: http://www.miamiherald.com/2014/01/31/v-print/3904901/a-new-name-to-revive-coconut-grove.html#storylink=cpy
Friday
Jan312014

The Spark of Invention

Quirky is a company that helps inventors apply crowd sourcing to bring inventions to market.

Quirky launched a new blog titled, "The Spark of Invention" for inventors to read, learn, and become inspired.

http://www.quirky.com/blog/post/2014/01/the-spark-of-invention

In a future post, I will consider the benefits and risks of crowd development with an eye on intellectual property issues.

Thursday
Jan302014

Corporation and Limited Liability Company (LLC) Annual Reports Due

Annual reports for Florida corporations and limited liability companies are due between January 1 and May 1.  After May 1 a $400 late fee will be charged.

Don't be suckered by confusing solicitations.  I received such a solicitation from Compliance Services for my own corporation.  It looks like an official document that only charges $125.  However, this is a fee to their company and does not include the $150 fee for corporations and $138.75 fee for LLC's.

Instead hire an attorney to represent your corporation.  An attorney should not merely file your annual report.  Among the many questions, a qualified corporate attorney should interview you and look for the following issues:

  • The addition of owners, members, shareholders, officers
  • The removal of owners, members, shareholders, officers
  • The acquisition/disposition of businesses and assets
  • Location of your businesses--do you need to file as a foreign entity in another state

All Florida Limited Liability Companies (LLC) need to be examined for ramifications under the Revised Florida LLC Act, which became enacted on January 1, 2014.  Particularly, one member LLCs in Florida need to be evaluated.

Contact Loren Donald Pearson if you want to have your business reviewed as part of its annual report process.  Our flat fee for a half-hour interview and filing of annual report is $175.

The first year of Registered Agent Service for any existing client is free.  This is a $175 value.  Contact Loren Donald Pearson about registered agent service.

 

Tuesday
Jan282014

Patent Reform in the State of the Union

And let’s pass a patent reform bill that allows our businesses to stay focused on innovation, not costly, needless litigation.   -- Barack Obama, 2014 State of Union.

Patently-O provided a list of pending patent legislation in 2013.

The leading candidate appears to be the "Innovation Act," which was introduced by Representative Bob Goodlatte (R-VA) as H.R. 3309.  The bill passed the House and is awaiting review in the Senate.  Text and status of the bill are available online.  A useful summary was provided by Patently-O.

The Innovation Act is targeted at hindering patent trolls.  Changes include the following:

  • Attorneys' fees awards to prevailing parties in patent disputes;
  • More specific pleading requirements; and
  • Simplified discovery in patent disputes.

Let's finish this post like the president finished his speech:

Believe it.

God bless you, and God bless the United States of America.

Tuesday
Jan282014

Blocking patents? Cross License!

Blocking patents occur when a first business owns a patent for an underlying technology and a second company owns a patent for an improvement to the underlying technology.  In such situations, neither company can practice the improvement without infringing.  The patents block each other from using the invention: hence the term, "Blocking Patents." 

The common resolution of the situation is to enter a cross-license for the improved technology.

The New York Times article titled, "Google and Samsung Sign Broad Cross-Licensing Agreement," discussed an example of a cross-license agreement between two competitors who found a mutually beneficial agreement to proceed.