Champions Of The Rainbow Loom
I’ll bet Choon Ng had no idea of how his life would change as he watched his two daughters making bracelets out of multi-colored ponytail rubber bands. He later devised a loom like gizmo that made the task easier and him a “Cool Dad”. All his daughter’s friends wanted him to make them bracelets and he must have thought, hey, I’m on to something here.
Of course, it took a lot of hard work, perseverance, faith, and forethought but in a relatively short period of time he was making Millions. He even won the 2014 Toy of the Year Award and as should be expected, no great invention goes unpunished. Infringers started crawling out of the woodwork.
That is where our speakers come in. They had the forethought and knowledge to develop the powerful Intellectual Property rights that would defeat those infringers.
Theodore Olds and John Siraguse of the law firm Carlson, Gaskey, and Olds https://cgolaw.com/ are going to discuss how their team stopped the flood of infringers infiltrating the US, European and Asian markets. They will share the strategies that worked as well as those that didn’t.
What sets their firm apart from others is best said in Mr. Olds own words, “I recognize that Intellectual Property is a tool to achieve a business’s goals. To that end I work to tailor my firm’s service to the needs of the client. But it is as important to recognize the client’s goals for the particular matter.
My father was a builder—he would not take out a Sawzall® to cut a 2 by 4. By the same token a lawyer should interact with the client to get to the right sized approach. I like to believe I am a lawyer that can think like a business person, and convey advice as one.” I fully concur.
When push came to shove, it was their proactive work that saved the day for Rainbow Loom. As a matter of fact, they developed strategies in the early days of the America Invents Act (AIA) that provided protection for a number of their clients faced with Inter Partes Reviews which invalidated thousands of patents.