Banks Buy Another Patent Reform Amendment

Yesterday, the Senate made further modifications to S.23, now called America Invents Act, which present a slight gain from what the bill originally represented. Unfortunately, the insidious and problematic ‘first-to-file’ provisions remain, and yet another amendment bought and paid for by the financial industry.  While FTF has its supporters, including the AIPLA, and some outspokenattorneys, it is demonstrably harmful to all businesses and inventors, big and small, particularly in a global economy.