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Read|Delete 4.22.13

M & A: SELL SIDE RULES RULE #1 – You have not sold your business until you have sold your business. RULE #2 – Get your money upfront, as soon as possible, and as much as possible. RULE #3 – Reduce and eliminate your trailing liabilities. Source:  Michael N. Mercurio,  M & A Advisory,  “Sell…

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Friday Factoid – 4.12.13

According to a recent USPTO report, in 2010 average weekly wages for private sector jobs in IP-intensive industries were 42% higher than average weekly wages for such jobs in non-IP-intensive industries.  More specifically, wages for patent industry jobs were 73% higher and wages for copyright industry jobs were 77% higher than comparable average weekly wages…

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Friday Factoid – 4.19.13

Several show business celebrities (including Eddie Van Halen, Zeppo Marx, Penn Gillette, Marlon Brando and Lawrence Welk) created inventions that received patents from the USPTO. Source: http://www.ironicsans.com/2007/01/celebrity_patents.html

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Read|Delete 4.15.13

Which is the most tax friendly state? ALASKA According to the Tax Foundation, for the 17th straight year, Alaska ranks as the state with the lowest tax per resident, including federal, state, local taxes, sales taxes, fuel taxes, etc. – 6.6%.  Alaskans don’t pay income or state sales tax and get refunds due to local…

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Read|Delete 4.10.13

When CEOs are asked what boards could do to better help the company, their Wish List boils down to this: Focus more on the risks that are the most crucial to the future of the enterprise. Do your homework. (“If you don’t take the time and effort to learn the business, I can’t really have…

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Friday Factoid – 4.5.13

Not only does Lamborghini (the Italian car company) own registered trademarks on its names, it also registered with the USPTO a trademark on the unique way its car doors open. Source: USPTO Trademark Electronic Search System (TESS), USPTO Reg. No. 2,793,439

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Friday Factoid – 3.29.13

As a lead-up to the creation of hundreds of new global top level domain names (i.e., .web and .lawyer), the Trademark Clearinghouse is now accepting applications to record registered marks and certain other marks.  Owners who record their marks with the Trademark Clearinghouse may apply to pre-register certain domain names that are an “identical match”…

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Friday Factoid – 3.22.13

Kodak (which filed for bankruptcy) developed the digital camera and obtained a patent for digital cameras well before they were mass produced.  Kodak chose not to invest in its new technology because it feared digital cameras would undercut existing sales for its film business.  Ultimately, digital cameras dominated the photography market.  An agreement was recently…

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Friday Factoid – 3.15.13

A 2012 study of jobs conducted by the U.S. Chamber of Commerce’s Global Intellectual Property Center found that IP-intensive industries account for 55.7 million direct and indirect jobs, over $5 trillion in national gross domestic product, and 74% of total U.S. exports. Source: http://www.ndpconsulting.com/Ndp_News.htm

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Friday Factoid – 3.08.13

The song “Happy Birthday to You” is protected by copyright (until at least 2030). Source: http://www.snopes.com/music/songs/birthday.asp

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