Securities and International Regulatory Agencies

The purpose of this assignment is to analyze the effect of domestic and international regulatory agencies and court systems on business transactions and dispute resolution.

Read the following scenario:

You are the CEO of Bonner, a U.S.-based farm equipment corporation. Bonner recently announced the release of an innovative new tractor with technology based on a patented invention developed by Bonner’s engineers. Bonner’s vice president, who is aware of the upcoming product offering, bought 100,000 shares of Bonner stock prior to the announcement. You found out about the vice president’s stock purchase on the day of the announcement.

One week after the announcement, Bonner received a letter from a German farm equipment corporation, accusing Bonner of patent infringement based on the new tractor’s technology.

Bonner’s board of directors asked you to assess the vice president’s liability for the stock purchase and the company’s options for resolving the German corporation’s patent infringement claim.

Create a 350- to 525-word letter in response to the German farm equipment company in which you:

Explain why Bonner is the owner of the invention
Discuss the intellectual property rights owned by Bonner in the invention
Suggest a method of dispute resolution (e.g., arbitration, mediation, litigation, WIPO dispute resolution), why that method would be desirable for resolving the dispute, and how and where the dispute resolution should be held (United States, foreign country, online, etc.).

Cite a minimum of two references.

Format your assignment according to APA guidelines.

Solution Preview

Innovation and Patenting

Based on the provided information, Bonner corporation was the first to file for patent rights to the new innovation. According to international law on patenting, the first innovator to seek patent rights for a particular innovation receives the rights to the said innovation as opposed to the first to invent (Laplume, Xavier-Oliveira, Dass, & Thakur, 2015). Therefore, most firms encourage their teams of engineers to file for patent rights in most cases even before they make breakthrough milestones on a particular project. In any case, if a firm found that another one had already claimed the said patent rights,

(456 words)