The U.S. Senate Committee on Commerce, Science & Transportation hearing to consider S.2049, Sen. McCaskill’s (D-Mo.) bill to curb unfair and deceptive practices during assertions of patents, has been postponed again. The hearing was previously rescheduled for Wednesday March 12, 2014.
Assuming the bill moves forward, the hearing will be webcast live via the Commerce Committee’s website and on C-SPAN’s Capitol Hearings website. If you miss it, you can watch an archived webcast of the hearing here.
The Credit Union National Association has joined the Independent Community Bankers of America and the American Bankers Association in voicing their support for the bill. According to CUNA’s press release, McCaskill’s bill “would help to address the burden credit unions and banks face when trying to decipher vague and misleading demand letters . . . without affecting the rights of legitimate patent holders to send demand letters or otherwise assert their patent rights.”