Alicante, Spain – Rimon Intellectual Property Partner Marc Kaufman has been invited to join the Impact of Technology Expert Group of the European Union Intellectual Property Office’s (EUIPO) Observatory on Infringements of Intellectual Property Rights. The Observatory is a network of stakeholders from the public sector, the private sector, and civil society.  Its Expert Groups (EG) help and guide the implementation of Observatory projects in focused…

On November 30th, LIBOR administrator, ICE Benchmark Administration (“IBA”), announced plans to ease worries surrounding LIBOR cessation with a brief extension to June 30, 2023.  IBA’s intention is to cease publication  (i)  of 1-week and 2-month USD LIBOR at the end of 2021 and (ii) subject to compliance with applicable regulations, including as to representativeness, it…

I.  Introduction In 2017, the UK’s Financial Conduct Authority (“FCA”) announced that it will not require the calculation and publication of interbank offered rates (“IBORS”) beyond 2021.  The absence of a guaranteed IBOR after 2021 has triggered one of the largest and intricate challenges that financial markets have confronted to date.  Trillions of dollars of…

On October 9, 2020, the International Swaps and Derivatives Association (“ISDA”) announced that it will release the IBOR Fallbacks Supplement to the 2006 ISDA Definitions (“Supplement”) and the ISDA 2020 IBOR Fallbacks Protocol (“Protocol”) on October 23, 2020, which will take effect on January 25, 2021 (the “Effective Date”).  The 2006 ISDA Definitions will include…

Recently, the Securities and Exchange Commission (“SEC”) proposed a new regulatory framework under Rule 2a-5 of the Investment Company Act of 1940, as amended (the “40 Act”) to shed light on the role of the board of directors of a registered investment company or business development company (“Boards”) with respect to fund valuation.  Historically, Boards…

Rimon Partner and Co-founder of the Blockchain IP Council, Marc Kaufman, wins the Global Law Experts (GLE) 2020 award: FinTech Sector IP Lawyer of the Year in Washington D.C.for 2020 for the second year in a row. During the recommendations stage, GLE receives over 120,000 responses from business directors, in-house legal counsel, independent law firms, high net-worth individuals, bar associations, visitors…

Rimon Partner and Co-founder of the Blockchain IP Council, Marc Kaufman, recently provided his thoughts relating to patents on digital currency sought by the People’s Bank of China. “Virtually all of these patent applications relate to integrating a system of digital currency into the existing banking infrastructure” Read the Financial Times article here. Marc Kaufman concentrates…

Date & Time December 9, 2019, 7:30am to 5:40pm, EST Location Convene Conference Center at One Liberty Plaza 1 Liberty Street New York, NY 10006 Why You Should Attend Rimon Partner, Dror Futter, will speak on Structuring Consortia to Leverage Blockchain for the Enterprise. Focusing on the intersection of financial services and open source, Open FinTech Forum…

Rimon Partner, Marc Kaufman, will be speaking at the WTO’s Global Trade and Blockchain Forum. He will present on Blockchain and Intellectual Property. Host: World Trade Organization, Geneva, Switzerland Location: Rue de Lausanne 154, 1202 Genève, Switzerland Date and Time: December 2nd, 2019 – 10:00AM – 6:00PM CET December 3rd, 2019 – 10:00AM – 6:00PM CET Why You Should Attend:…

Rimon Partner and Co-founder of the Blockchain IP Council, Marc Kaufman, recently provided his thoughts relating to patents on blockchain technology being sought by the Royal Bank of Canada. Read the full Tron Weekly, Canada.com, and AMBCrypto articles.