Patents by Inventor James F. Ring

James F. Ring has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 8046296
    Abstract: The invention that is the subject of this Disclosure is a computerized method for valuing and transferring interests in property (whether real or personal, tangible or intangible) or goods. The method involves having parties that hold ownership interests in property or goods disclose to a processor that is administered by a third-party (but not disclose to each other) a price at which they would be willing to either sell their interests to the other side, or buy out the other side's interests, submitting binding offers to the third party obliging them either to buy or sell at their stated price (in the unlikely event that the stated prices are the same), or, alternatively, at some other price in between the ones set forth in their offers that is more favorable to each of them and that is identified by the third party.
    Type: Grant
    Filed: August 26, 2008
    Date of Patent: October 25, 2011
    Inventors: Steven J. Brams, James F. Ring
  • Publication number: 20090204418
    Abstract: The invention that is the subject of this Disclosure consists of a computerized method whereby a party that is involved in a dispute can either secure a resolution of that dispute on terms that that party deems to be acceptable or be in a position to easily and credibly demonstrate to third parties that it has acted fairly in connection with that dispute. It involves the use of a computerized system that combines aspects of a sealed-bid mechanism with a commitment mechanism to facilitate convergence of the parties on a settlement that is focal and that they consider fair. It includes an option for final-offer arbitration in the event that the parties fail to achieve a settlement prior to a fixed deadline. Unlike mediation and traditional sealed-bid mechanisms, the structure of the system gives the initiating party a strong incentive to make a fair and reasonable proposal at the outset of the process.
    Type: Application
    Filed: February 6, 2009
    Publication date: August 13, 2009
    Inventor: James F. Ring
  • Publication number: 20090076944
    Abstract: The invention that is the subject of this Disclosure is a method for valuing and transferring interests in property (whether real or personal, tangible or intangible) or goods. The system involves having parties that hold ownership interests in property or goods disclose to a third-party (but not to each other) a price at which they would be willing to either sell their interests to the other side, or buy out the other side's interests, submitting binding offers to the third party obliging them either to buy or sell at their stated price (in the unlikely event that the stated prices are the same), or, alternatively, at some other price in between the ones set forth in their offers that is more favorable to each of them and that is identified by the third party.
    Type: Application
    Filed: August 26, 2008
    Publication date: March 19, 2009
    Inventors: Steven J. Brams, James F. Ring