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   Author  Topic: confidentiality agreements  (Read 1364 times)
rick
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confidentiality agreements
« on: Jan 28th, 2005, 7:58pm »
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Assuming a patentable invention, can one use a cofidentiality  agreement to obtain financing and then apply for a patent during the term of the agreement?
« Last Edit: Jan 28th, 2005, 8:00pm by rick » IP Logged
Daretodream
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Re: confidentiality agreements
« Reply #1 on: Jan 30th, 2005, 11:10pm »
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Yes you can.
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Cindy
How to sell your product to Wal-Mart
http://howtosellyourproducttowalmart.com
JSonnabend
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Re: confidentiality agreements
« Reply #2 on: Jan 31st, 2005, 11:14am »
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Daretodream's response is as dangerous as it is incomplete.  A disclosure to a third party in connection with an attempt to obtain financing will likely be considered a disclosure under 35 U.S.C. 102(b), and so would start the clock ticking, so to speak, to get to the patent office.
 
The safer approach always is to file first and disclose second.  In any event, don't rely on a confidentiality agreement to toll the grace period under 35 U.S.C. 102(b).
 
- Jeff
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SonnabendLaw
Intellectual Property and Technology Law
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JSonnabend@SonnabendLaw.com
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