SOURCE: http://tinyurl.com/33qdve8
World Intellectual Property Organization (a division of the United Nations)
International patent application publication date: July 1, 2010
((WO/2010/075435) SYSTEMS AND METHODS FOR RISK MANAGEMENT OF SPORTS-ASSOCIATED BUSINESSES)
Latest bibliographic data on file with the International Bureau:
Pub. No.: WO/2010/075435 International Application No.: PCT/US2009/069276
Publication Date: 01.07.2010 International Filing Date: 22.12.2009
IPC: G06Q 50/00 (2006.01), G06Q 10/00 (2006.01), G06Q 40/00 (2006.01)
Applicants: CRYSTAL WORLD HOLDINGS, INC. [US/US]; 1701 Pennsylvania Avenue, N.W., Suite 300 Washington, DC 20006 (US) (All Except US).
RABALAIS, Christopher, Paul [US/US]; (US) (US Only).
BROWN-HRUSKA, Sharon, Joy [US/US]; (US) (US Only).
OZGIT, Emin, Alper [tr/US]; (US) (US Only).
GUTH, Louis [US/US]; (US) (US Only).
DURAN, JR., Carlos, Miguel [US/CR]; (CR) (US Only).
Inventors: RABALAIS, Christopher, Paul; (US).
BROWN-HRUSKA, Sharon, Joy; (US).
OZGIT, Emin, Alper; (US).
GUTH, Louis; (US).
DURAN, JR., Carlos, Miguel; (CR).
Agent: SHARIFI, Pejman; Winston & Strawn LLP Patent Department 1700 K Street, N.W. Washington, DC 20006-3817 (US) .
Priority Data:
61/139,809 22.12.2008 US
Title: SYSTEMS AND METHODS FOR RISK MANAGEMENT OF SPORTS-ASSOCIATED BUSINESSES
Abstract: This invention provides risk management systems and methods for enterprises associated with a wide variety of sports activities, e.g., sports having individual athlete participants as well as sports having team participants; sports activities having regional, national, or international scope; professional and non-professional sports activities; and so forth. In preferred embodiments, the systems and methods of this invention derive models of the economic values and of associated economic risks of particular sports activities and provide indices reflecting model computations. In further preferred embodiments, the system and method of this invention provide financial instruments having values that derive from one of the provided indices, index computing systems, and exchange or trading platform systems by which such derivative contacts can be valued and traded.
Designated States: AE, AG, AL, AM, AO, AT, AU, AZ, BA, BB, BG, BH, BR, BW, BY, BZ, CA, CH, CL, CN, CO, CR, CU, CZ, DE, DK, DM, DO, DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, HN, HR, HU, ID, IL, IN, IS, JP, KE, KG, KM, KN, KP, KR, KZ, LA, LC, LK, LR, LS, LT, LU, LY, MA, MD, ME, MG, MK, MN, MW, MX, MY, MZ, NA, NG, NI, NO, NZ, OM, PE, PG, PH, PL, PT, RO, RS, RU, SC, SD, SE, SG, SK, SL, SM, ST, SV, SY, TJ, TM, TN, TR, TT, TZ, UA, UG, US, UZ, VC, VN, ZA, ZM, ZW.
African Regional Intellectual Property Org. (ARIPO) (BW, GH, GM, KE, LS, MW, MZ, NA, SD, SL, SZ, TZ, UG, ZM, ZW)
Eurasian Patent Organization (EAPO) (AM, AZ, BY, KG, KZ, MD, RU, TJ, TM)
European Patent Office (EPO) (AT, BE, BG, CH, CY, CZ, DE, DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LT, LU, LV, MC, MK, MT, NL, NO, PL, PT, RO, SE, SI, SK, SM, TR)
African Intellectual Property Organization (OAPI) (BF, BJ, CF, CG, CI, CM, GA, GN, GQ, GW, ML, MR, NE, SN, TD, TG).
Publication Language: English (EN)
Filing Language: English (EN)
Chris,
Can you explain again for the benefit of everyone else what this international protection does and does not cover.
Down the road is there further international IP legal work to be done?
July 19, 2010 at 6:53 pm
This is the next step in the process of protecting the SRI outside United States borders. In our initial filing, we designated all U.N. Member Nations party to the Patent Cooperation Treaty (PCT). Their National codes are listed above. In 18-30 months (depending on the Country), we must follow-up with “National Entry” filings for each Member Nation that we wish to pursue full protection. At this point, we’ve made a “blanket” filing to allow us to file where it makes good economic sense and have the full list of Member Nations from which to select. This is something to be considered as we move along and assess the markets where the products will be traded. It will also be a budget consideration as we must engage Counsel in each Nation to complete the process.
An additional note: This sets the highest level of global protection of the SRI invention and is not often pursued by inventors with U.S. patents. It stands to greatly increase the value of the SRI for our stakeholders.
July 19, 2010 at 7:10 pm
On August 4, 2010, by notification from Counsel in Washington, CWH received confirmation from the World Intellectual Property Organization in Geneva (http://www.wipo.int/portal/index.html.en) that all 21 invention claims of the SportsRiskIndex are patentable and international search results return no collisions with our application.
This is very significant on two levels:
First, the international patent search beyond the borders of the United States and via the World Intellectual Property Organization is far more extensive than a search within the United States Patent and Trademark Office. This demonstrates that our invention is absolutely unique in a global context.
Second, during the 1 year period between the provisional filing on 12/22/2008 and the full utility filing on 12/22/2009, we substantially expanded the claims beyond the formulation for MLB to the entire concept of a tradable sports index (and set of systems) covering players and teams of all types anywhere on Earth. To be notified that all 21 expanded claims are patentable is a major step forward for the SportsRiskIndex. While this is not a guarantee, it goes a very long way to reaching full allowance of the patent. That allowance will give us a worldwide monopoly on this concept for 20 years resulting in royalties due from all who trade a sports index no matter where they are.
August 4, 2010 at 7:45 pm