December 26, 2024
Intangible Assets

Federal Circuit Provides Guidance on What Claims Can Properly Serve As Obviousness-Type Double Patenting References

In a precedential decision issued on August 13, 2024, the U.S. Court of Appeals for the Federal Circuit held that a first-filed, first-issued, later-expiring claim cannot be invalidated by a later-filed, later-issued, earlier-expiring reference claim having a common priority date.1 Obviousness-Type Double Patenting Obviousness-type double patenting (ODP) is a judicially created doctrine dating back to

Read More
Fixed Assets

Former executive risks 40 years in prison after allegedly doling out cash bribes at hotels, airports, and in a parking lot

Ex-Vitol Group oil trader Javier Aguilar faces as much as 40 years in prison and will forfeit more than $7.1 million in two U.S. bribery cases after entering a guilty plea in federal court. Aguilar, 50, had already been convicted in Brooklyn, New York, in February of orchestrating an elaborate scheme to bribe Mexican and

Read More
Intangible Assets

Street Vendors Rally: Hundreds gather at NYC’s City Hall calling for new bill to ease licensing process for street vendors

LOWER MANHATTAN (WABC) — Hundreds of street vendors rallied at City Hall on Thursday for a new set of bills to make it easier for people to obtain a license to become a legal vendor. The “Street Vendor Reform Platform” is a package of bills designed to provide a regulated, predictable, enforceable system for New

Read More
Financial Assets

New York City’s transit system will sell bonds backed by taxes on mansions to fund the subway

New York City’s MTA will soon get additional funding from sales of bonds backed by taxes on properties over $2 million.Leonardo Patrizi via Getty Images The MTA will sell bonds backed by a “mansion tax,” a one-time tax on properties over $2 million. The bond sale will fund $2 billion in infrastructure improvements to the

Read More