Omid Khalifeh

Contract Law and Its Impact on Businesses: Navigating the Legal Terrain Almost every business transaction may be viewed through the lens of contract law. Whether it’s buying office supplies, hiring staff, or negotiating a multi-million-dollar merger, a contract is at the core. The legal landscape of contract law can appear convoluted, but understanding its implications is crucial for the successful operation of any business. Understanding Contract Law The essence of contract law lies in the agreement between parties. This agreement involves an offer, acceptance of that offer, and a tangible exchange of consideration or value. Contract law governs how these…

A patent is a legal document that gives you, the inventor, the exclusive right to make, sell, or use an invention, product, or process for a set period. Patents are a type of intellectual property protection, helping secure a competitive advantage, while fostering innovations and technological advancements. In the United States, patents are granted by the United States Patent and Trademark Office (USPTO). Patent pending means a patent application was submitted to the USPTO. Patent pending status primarily serves as an informative notice to potential competitors. Much like a runner in a race, you don’t get the prize until you…

If you are contemplating whether to file an application for a trademark, you may be curious about the pros and cons of pursuing an “arbitrary” trademark. Arbitrary Trademark An arbitrary trademark possesses a unique combination of familiarity and inherent originality. In most instances, an arbitrary trademark will leverage a fairly common word which has no relation to the actual service or product offered to the general public. Instead, an arbitrary trademark will utilize the common word, or set of words, to try and convey a specific feeling to potential consumers about the brand, service or product. Protections Afforded to an…

Trademark Filing Fees – An Overview When developing a budget for your business, it is important to consider and incorporate the filing fees associated with maintaining your trademark. Many people either underestimate or downright neglect this expense because they do not understand quite how many trademarks their business may need. For example, as a company expands, so will its branded assets. Thus, each brand asset will require a level of legal protection. With this goal in mind, let’s take a look at some of the key trademark filing fees. Standard Filing Fees The standard initial filing fee for a trademark…

Action Items to Consider After Receiving a Notice Of Allowance for Your Patent Application Depending on your unique circumstances, the patent application process can last months, or possibly even years. At some point, there is a chance you will receive a Notice of Allowance (NOA) from the United States Patent and Trademark Office (USPTO). The NOA advises that your invention is in fact eligible for patent protection. When you receive the NOA, you may be tempted to simply pay the mandatory fee and reach the conclusion of your patent journey. However, there is a risk that, in doing so, you…