patentreformactof2009Patent reform legislation was introduced in Congress this week.  The current legislation is similar to the Patent Reform Act of 2007, which died on the Senate floor last year. If passed, the 2009 version would change the way the U.S. Patent and Trademark Office works, bring U.S. patent law more in line with global laws, and introduce “reasonable royalty” provisions, which would change how damages are calculated and reduce the likelihood of massive payouts for some patent holders.

The Indiana Intellectual Property & Technology Blog will keep you updated as the legislation proceeds.