Re: Buying Patents and Due Diligence

Subject: Re: Re: Buying Patents and Due Diligence

Comments:
: : Can anyone tell me why it is so difficult to find a patent lawyer to perform due diligence work in validating patents that we will be purchased for exclusive manufacturing of a mechanical device? : : I have been told by a Los Angeles attorney that the USPTO already allows anyone to get the Ownership and Assignment information for a nominal fee. But what about other contracts made outside of the recordation of the PTO? : : How can a 3rd party consent clause help the buyer to get the seller to disclose any hidden deals? : : How does one buy patents and be clear of all 3rd party claims, etc.? : : Are there any other potential dangers in buying of Patents? : Dear RSW, : It is easy to get scammed with patents. I don't know what you mean about. "a patent lawyer doing do diligence", unless you wanted him to do it without paying him. : Most patents are worthless on their face, if studied. With the scam operators, it is one in 10000 that makes more money than they pay. : If you are going to buy a patent, you better be very careful that you are getting anything of value. : M. Arthur Auslander : Auslander & Thomas-Intellectual Property Law Since 1909 : 505 Eighth Avenue, New York, NY 10018 : 212-594-6900, fax 212-244-0028, aus@auslander.com : ELAINE's Workshop® : E arly L egal A dvice I s N ot E xpensive™ : Reality Check®

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