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December 3, 2012
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Legal News in Brief

  Corporate Spotlight 
  • Schapiro puts off JOBS Act rule about raising capital
    Securities and Exchange Commission Chairman Mary Schapiro, in one of her last acts running the agency, delayed ending a ban on companies advertising unregistered securities. Currently, only wealthy investors can legally obtain such unregistered shares. The measure to expand the sale of such securities to a wider audience, and thus ease the ability to raise capital, was part of the Jumpstart Our Business Startups Act. The Washington Post (12/1), The Wall Street Journal (12/2) LinkedInFacebookTwitterEmail this Story
  National News 
  Legislative Dispatch 
  • Geithner, Boehner show few signs of compromise on "fiscal cliff"
    Treasury Secretary Timothy Geithner predicts that Republicans will agree to raise tax rates on wealthy Americans to avoid the "fiscal cliff." No deal will happen without higher rates, he says. However, House Speaker John Boehner, R-Ohio, says such a move would hinder the economy, and he continues to oppose it. Reuters (12/2) LinkedInFacebookTwitterEmail this Story
  Employment Focus 
  Supreme Court and Federal Court Watch 
  • Appeals court rules in patent case involving claims of abandonment
    The U.S. Court of Appeals for the Federal Circuit has found that a company could not be said to have abandoned a patent because there was a nine-year delay in commercializing its product. The case involves Fox Group's claims against Cree related to a semiconductor material. "Because Cree has produced clear and convincing evidence that it had the low density [silicon carbide] crystal prior to Fox's date of invention, and Fox has not produced sufficient evidence to show or raise genuine issues that Cree abandoned, suppressed, or concealed the invention, we find [the two asserted] claims invalid," Judge Evan Wallach wrote for the majority. The National Law Journal (free registration) (11/30) LinkedInFacebookTwitterEmail this Story
  Professional and Business Development 
  • Are you a driver or a passenger in your career?
    Professionals often think they can rely on their employers to manage their careers, track their accomplishments and decide when they deserve raises or promotions, Dan Schawbel writes. This is almost never the case, so take it upon yourself to seek out opportunities and gain new skills. "You need to be in the driver's seat in your career, not the passenger's seat," he writes. The Fast Track (11/29) LinkedInFacebookTwitterEmail this Story
  • Your references can sink your job prospects
    Sixty-nine percent of employers report they've changed their mind about an applicant after speaking to references, a CareerBuilder survey finds. When choosing references, make sure the person understands your skills and experience, and include "your biggest cheerleaders," Rosemary Haefner of CareerBuilder says. (11/28) LinkedInFacebookTwitterEmail this Story
  PLI News 
  • Only 1 in 5 Fortune 500 GC Positions Are Filled by Women
    Please join panelists and co-authors Michele Coleman Mayes and Kara Sophia Baysinger as they discuss their book at the namesake audio briefing Courageous Counsel: Conversations with Women General Counsel in the Fortune 500, and share lessons learned from their interviews with over 50 current or former female General Counsel. LinkedInFacebookTwitterEmail this Story
  • CAFC Approved: Claims Valid in Litigation but Invalid in Reexam
    Recently, the U.S. Court of Appeals for the Federal Circuit issued an opinion in a matter denying panel rehearing and simultaneously denying rehearing en banc. According to Gene Quinn, the case, In re Baxter, Int'l Inc., is remarkable in that it shows a patent could be litigated fully and survive challenge only to be re-investigated by the U.S. Patent and Trademark Office and found to have invalid claims. Check out his full analysis on PLI's Patent Law Practice Center. LinkedInFacebookTwitterEmail this Story
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