Posts Tagged: "Sears"

the U.S. Customs and Border Protection (CBP) announced that it, along with U.S. Immigration and Customs Enforcement (ICE), had seized a record number of counterfeit and pirated products which violated intellectual property rights last year. Collectively, CBP and ICE seized a total of 34,143 shipments of goods during 2017’s fiscal year, an increase of 8 percent over the total number of counterfeit shipments seized during 2016. About 90 percent of the shipments seized were in the express carrier and international mail environments. According to the law enforcement agencies, the total estimated manufacturers’ suggested retail price (MSRP) for the genuine versions of those good reached $1.2 billion.

The inventor of the two patents-in-suit is Dan Brown, Sr., president and founder of LoggerHead. He also teaches engineering at Northwestern University’s Segal Design Institute. Brown came up with the concept for the adjustable gripping tool, which LoggerHead markets as the Bionic Wrench, after watching his son try to work on a lawnmower with a pair of pliers. Realizing that there was no good tool to serve as a substitute, Brown worked for three years to create a suitable gripping tool while performing market research, evaluating sales channels and searching for an American manufacturer for the product, according to LoggerHead’s second amended complaint filed in the case.