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"Normally, when both political parties agree on anything, it’s time to celebrate. I wish that were the case here. To the contrary, this law will undermine one of the things that has made America unique and our economy strong: technology entrepreneurship."
Forbes: "New Patent Law Means Trouble for Tech Entrepreneurs"
"[NY Attorney General] claims the MERS system has eliminated homeowners' ability to track property transfers through traditional public records. He said the electronic system now stores that data and is plagued by inaccuracies and what the lawsuit calls "faulty and sloppy document preparation and execution practices."
USAToday (Feb 3, 2012): Mortgage Unit Co-Chair Sues Biggest Banks
"... banks wanted broad protection from lawsuits over other mortgage practices, like how huge volumes of bad loans were made to begin with, or the creation of toxic mortgage-backed securities."
From time to time, we'll post news that our clients find useful in forumlating their legal strategy. This will include news that impact entrepreneurs, inventors, and operational managers alike. In some cases, they will overlap, as happened with the Patent System overhaul in 2011:
Read "Navigating the New Patent System" from Entrepreneur Magazine
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