The answer is that public recordation of a patent assignment is not required for the assignment to be a valid transfer of ownership. See, e.g., this discussion in the Manual for Patent Examination Procedure:
Recordation of the assignment provides legal notice to the public of the assignment. It should be noted that recording of the assignment is merely a ...
If there are co-inventors, patent law is relevant to the question. Under U.S. patent law co-inventors have equal and separate rights to the invention. Either can make, sell, use, offer for sale, or import it, absent any agreement between them. Also, either could license anyone else with no need to coordinate or share proceeds with the other. Assigning the ...
From a patent law point of view?
It doesn't matter for prosecution or litigation if you are a legal or natural person.
From a financial point of view?
There might be fee related benefits for natural persons (micro entity), that might not apply for a corporation in some places (US).
Also, there might be ways to optimize taxes on the costs or ...
Is inheritance of a patent (assigned to an individual) possible?
A patent is personal property, per 35 USC § 261:
Subject to the provisions of this title, patents shall have the attributes of personal property.
When the owner of a piece of personal property dies, the property passes like any other property. If the deceased person has a will, the ...
Patents are rights which can be transferred from one entity to another. After assignment of such rights its important to notify patent office about such assignments. for US Patent these assignments are listed in Assignment database. you are recommended to read help on how to search
Another way to find such information is to look into PUBLIC PAIR assignment ...
The linked document is an application. The issued patent is US9702961B2. If you believe it infringes on a patent your company owns, then the assignee will need to get a license in order to utilize it. Its up to your company to initiate a law suit if you think your intellectual property is being infringed. I'm not a lawyer, but my understanding is that ...
Your Query contains Two Issues:-
1. Can Any person revive Patent after not paying Maintenance fees?
YES but in certain circumstances and not after 2 years.
For more information see Failure to pay maintenance fees
MPEP2590 Acceptance of Delayed Payment of Maintenance Fee in Expired Patent to Reinstate Patent
II. UNINTENTIONAL DELAY ...
Since this patent was filed prior to June 8th, 1995, the term of the patent was 17 years from the date of ISSUANCE, not filing date. Thus if it went through a long examination period, which was common back then (prosecution periods of five or more years were not uncommon), the patent could still be in effect and enforceable. Also, any continuation patent ...
It is not unusual for companies to buy the rights for inventions that are not patented, including those that appear in one or more provisionals or in pending non-provisional applications. Similarly, it is not unusual for a VC firm to appraise a portfolio of provisional applications for investment purposes, i.e., to buy shares of the company owning the ...
You generally don't find expiration dates on patents or in the Public Pair. This is unfortunate. Unless there is an extension, the patents cited will expire 20 years from their priority date. For both of these patents that should be March 10th, 2024. Similarly, any patent arising from the published application US 2016-0095523 will also expire no later than ...
Yes, you can assign a patent application to a third party at any time (i.e., before filing, after filing or after it issues as a patent.
However, keep in mind that the true inventors must still be named at these will not change based on the assignee. The assignee can also be named as "applicant" of for a pending application.
Yes, there are economic reasons for this. I can give a few, but it really is impossible to answer completely.
The ultimate aim can be unrelated to the IP at all, but simply for tax avoidance.
Broadly, companies are taxed on their profits. Expenses reduce profits, and therefore reduce the tax due. But if the expense comes from within the corporate ...
On the Google Patents page for this patent, look under Legal Events and you will see:
Nov 13, 2007 FP Expired due to failure to pay maintenance fee
Effective date: 20070921
The patent is expired since September 9, 2007.
If you are interested in the detailed history of the patent, refer to the USPTO Public Pair database.
This application was filed only in Canada and never granted. It has been considered to be a dead application since April 29, 2009, due to CIPO being unable to deliver the Maintenance Fee Reminder (returned to sender, moved/address unknown). You can find all of this information in CIPO.
Interestingly, the cover sheet for this patent is missing, which contains most of the pertinent information for calculating the expiration date of a patent. However, from checking the information available on Google Patents against the content of the grant, we can calculate the expiration date using the following information:
Publication date: May 17, 1977 (...