In the Law360 article “How 2 Proposed Bills Could Transform Patent Law,” partner Philip Nelson writes about the potential impact of two pieces of legislation that could affect patent law: the Patent Eligibility Restoration (PERA) Act and the Prevail Act.
As both proposed bills await congressional votes after a postponed vote in September 2024, Nelson maintains, “If the votes on the bills during the lame duck session end up showing bipartisan agreement, it will be worth asking how it was achieved.”
Throughout the article, Nelson offers background on patent-related legislation over the last decade, as well as summaries of both the PERA Act and the Prevail Act. He also adds context to explain how each of the bills has received largely bipartisan support.
Speaking to possible implications for inventors and patent owners, Nelson acknowledges the arguments made on both sides of the issue – those who believe the proposed laws could empower “patent trolls” and others who hold that the bills could level the playing field for inventors and patent holders.
Read the full article here.
