Without Solution to Shutdown, PTO Patent Operations Funded until Mid-February

In an statement issued late Thursday afternoon, the United States Patent and Trademark Office announced that without a solution to the government shutdown the Office will soon run out of money. “In the absence of an appropriations bill, we have no authority to access fees collected since [the government shutdown] in accordance with the law,” read a notice posted to the USPTO.gov website late this afternoon. “Based on current estimates and expenditure rates, we expect our reserves to fund patent operations to last until at least the second week in February, and trademark operations to last until at least mid-April 2019.”
The post Without Solution to Shutdown, PTO Patent Operations Funded until Mid-February appeared first on IPWatchdog.com | Patents & Patent Law.

Full Article Available Here