The latest news for you

January, 2019

THE INVENTORS ASSOCIATION

OF ARIZONA

MOVING FORWARD

Wednesday,

February 6, 2019

Registration and continental breakfast begins at 7:30 a.m.

Presentation

8 a.m. to 9:30 a.m.

SkySong

Synergy I

1365 North Scottsdale Road

Suite 135

Scottsdale, AZ 85257

Free parking is available in the north parking lot in any uncovered space.

RSVP by Friday,

February 1,by calling 1.855.SWEvent (1.855.793.8368)

or by sending email with contact information to rsvp@swlaw.com

The Emerging Business Seminars are held the first Wednesday of each month from 7:30 a.m. to 9:30 a.m.

You always wanted to run, but not start, your own business. Or perhaps you have an existing business, but are looking to accelerate your growth with a strategic acquisition.How do you go about identifying and evaluating quality acquisition targets? What should your initial offer contain? How do you negotiate and then document the transaction both to protect your business interests and to reduce legal liability? What can you do to increase your chances of closing the deal?

Snell & Wilmer invites you to the next program in the Emerging Business Seminar SeriesTM, where partners Brian J. Burt and William A. Kastin will discuss purchasing a business.

Topics for this complimentary seminar include:

Defining your personal objectives
Identifying acquisition targets
Performing due diligence
Selecting the transaction structure
Understanding key tax considerations
Negotiating the deal
Drafting the transaction documents
Creating and working with your deal team

Hosting Attorneys:

Brian J. Burt

Snell & Wilmer

602.382.6317

bburt@swlaw.com

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William A. Kastin

Snell & Wilmer

602.382.6554

bkastin@swlaw.com

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Keeping a Good Invention Notebook Still Makes GoodSense

Every invention starts out with an idea, but you cannot patent something that is merely an idea. In order to obtain a patent, the idea must mature into an invention.

Think of it as crossing over the idea-invention boundary, if you like. Start with a general idea and then build upon that idea by layering specifics and nuances as you move from idea to invention. Eventually you will have more than a mere idea and enough tangible and concrete that it will be worthwhile to inquire about obtaining a patent, perhaps by beginning the process with a patent search.

Inventors that want to be successful need to pursue inventing with a level of seriousness that goes beyond just tinkering in the garage. Sure, like every idea starting with an invention every invention starting with some tinkering and toiling is a given. But if you are not going to keep track of your efforts it will be extremely difficult to know what you did that worked, and just as importantly what you did that did not work.

Once upon a time, inventors needed to keep a good invention notebook in order to demonstrate the date they conceived of an invention, or aspects of an invention. This was necessary when the United States patent laws were first to invent. Since March 16, 2013, however, U.S. patent laws have become first inventor to file, so there really is a race to the Patent Office.

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OUR NEXT OPEN DOOR MEETING IS

Wednesday, February 6th 2019

Keynote Speaker information will be out soon!