If you read through your mortgage carefully, you will notice that the bank reserves the right to accelerate the repayment of your loan in the event that the property is sold or transferred without the bank's written approval. This clause is there to safeguard the bank's rights in the property, which is the collateral for your loan. While an outright gift or sale to a third party is what the clause is intended to guard against, transfers arising out of estate planning strategies can and do trigger a breach of this clause.…
This is a new "invention" of the European Patent Office (EPO). The EPO is moving forward in creating a unified patent system for participating countries. Details of this system will become clearer with time. Therefore, it is too early to talk about things like examination time and fees. For now, the participating members have agreed to pursue the project and to establish a common court with jurisdiction over unitary patents. The unitary patent system would represent an improvement over the current structure because the resulting patent would be automatically enforceable in all…
We have re-launched our website to bring you better and more user friendly online services. Our website is new, but our expertise, zeal, commitment and reputation have been ongoing since the law firm opened its doors. We never stopped working for our clients, and taking on new clients, even while our website was being revamped. We still specialize in Patent and Trademark drafting and prosecution, as well as in Estate Planning and Asset Protection. We will also be able to help you with contract drafting and negotiation. There is more!! We recently…
