The Bank of America's Small Business Online Community blog featured a post on how small businesses can prepare for the changes the America Invents Act will bring this year and in years to come. GPC's Alexander Poltorak was one of the experts featured in the article and spoke about the downsides of the new law. ("Patent Upending: What Small Businesses Need to Know About Recent Patent Law Changes" - Small Business Online Community blog April 5, 2012)
Article excerpt: Some in the patent industry, however, worry that the impact of this patent reform might weaken the rights of patentees and, as a result, patents owned by startup companies, research institutions, and solo inventors might be easily encroached upon by large corporations. Alexander Poltorak, CEO of General Patent Corporation and founder of the American Innovators for Patent Reform, suggests small inventors and small business owners have their patent attorneys regularly review their current inventions to determine which will require patent protection, and then file a provisional application as soon as possible under the new first-to-file law. And if a small business does suspect a patent infringement Poltorak says it’s imperative to hire a good patent attorney who is experienced in litigation.