INTERNATIONAL LEGAL NEWS

Friday, April 30, 2010 VOLUME 7 ISSUE 1  
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NORTH AMERICA
Smart Grid Revolution Gets Energized
Bancruptcy Taxation in the U.S.
ASIA PACIFIC
Why Choose India as Destination For FDI
CARIBBEAN
New Company Law in the Dominican Republic
EUROPE
What Can We Expect in Social Security If We Work in Another European Union Member State or Employ a Citizen of Another Member State After 1 May 2010?
Further Departure From Bank Secrecy in Latvia
SOUTH AMERICA
Ecuador - The Impact of the Tax Reform of Late 2009
MIDDLE EAST
An Important Decision: Employee's Right to Royalties in a "Service Invention"
Glusman Shem-Tov Chowers Broid & Co., Tel Aviv
by Miriam Hackmey and Kobie Refaeli


On February 3, 2010, an important ruling was rendered affecting the employee-employer relationship with respect to patents in which the employees are inventors (hereinafter: the "Ruling"). The Ruling refers to patents that are considered “Service Inventions”, which is defined in Section 132 of the Israeli Patent Law - 1967 (hereinafter: the "Law"). The Ruling was rendered by the Committee on Compensation and Royalties established by Section 109 of the Law (hereinafter: the "Committee").
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