RatnerPrestia Assists Licensing Executives Society (USA and Canada), in Submission of a Resolution Opposing the SHIELD Act
By Brian P. O'Shaughnessy
Washington, D.C.¬† |¬† June 2013 ‚Äď RatnerPrestia Shareholder Brian O‚ÄôShaughnessy, in his capacity as Regional Vice President, USA, of the Licensing Executives Society (USA and Canada), submitted to Congress an LES Resolution opposing the SHIELD Act, or ‚ÄúSaving High-Tech Innovators from Egregious Legal Disputes Act of 2013‚ÄĚ (H.R. 845). ¬†¬†LES opposes the SHIELD Act because, among other things, it would chill innovation and diminish the rights of IP owners.¬† The SHIELD Act has been introduced in the U.S. House of Representatives, purportedly as a means to stem the tide of frivolous patent litigation by targeting ‚Äúpatent trolls,‚ÄĚ or ‚ÄúNon-Practicing Entities‚ÄĚ (NPEs).
In an accompanying letter to the Chairman of the House Committee on the Judiciary, Hon. B. Goodlatte, and Ranking Member, Hon. J. Conyers, Jr., O‚ÄôShaughnessy asserts that ‚ÄúThe Act would diminish invention and innovation by compromising the rights and remedies of IP owners, and invites gamesmanship in a misbegotten attempt to define troll-like behavior.¬† Efforts to remedy such behavior are best left to courts to address on a case-by-case basis.‚ÄĚ¬† O‚ÄôShaughnessy also remarks that, ‚ÄúPromoting invention and innovation through effective intellectual property laws and policies is paramount to LES (USA & Canada).¬† We look forward to working with Congress to achieve that objective.‚ÄĚ
RatnerPrestia is devoted to furthering benefits to society through the effective implementation of intellectual property (IP) law and policy.¬† With extensive and diverse legal, technical and corporate expertise, RatnerPrestia‚Äôs legal professionals provide practical, cost-effective, business-oriented counseling to a wide range of international and domestic businesses.¬† RatnerPrestia offers a full range of intellectual property related legal services, including acting on behalf o f its clients in court proceedings, the ITC, and the U.S. Patent and Trademark Office.¬† Through its extensive network of foreign associates, RatnerPrestia represents clients before courts and administrative bodies around the world.¬† For additional information, visit www.RatnerPrestia.com