Patents by Inventor Steven Halperin

Steven Halperin 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).

  • Publication number: 20070226115
    Abstract: In one aspect, the invention comprises a security that: (a) is tax deductible; (b) receives equity credit of 40-75% from Moody's and S&P; and (c) qualifies for net share settled accounting. In another aspect, the invention comprises a method comprising: (a) structuring a convertible security to be tax deductible; (b) structuring the convertible security to receive equity credit of 40-75% from Moody's and S&P; (c) structuring the convertible security to qualify for net share settled accounting; and (d) issuing the security.
    Type: Application
    Filed: January 8, 2007
    Publication date: September 27, 2007
    Applicant: Lehman Brothers Inc.
    Inventors: Michael Sherman, Steven Halperin, Paul Robinson, Erin Callan, John Curran
  • Publication number: 20060287938
    Abstract: In one aspect, the invention comprises a method comprising issuing perpetual preferred securities that provide non-cumulative dividends with a fixed liquidation preference; wherein valuation of the securities upon redemption or conversion is based on market value of a specified number of common shares, and wherein the securities are operable to receive treasury stock method accounting. In various embodiments: (1) the securities receive C or D Basket treatment from Moody's; (2) the securities receive treasury stock method accounting because, upon conversion or redemption, common shares are issued only with respect to the valuation of the securities in excess of the fixed liquidation preference; and (3) upon conversion or redemption the number of common shares is equal to (A×B?C)/B, where A=a conversion rate, B=price per share of the common shares, and C=the fixed liquidation preference.
    Type: Application
    Filed: June 20, 2006
    Publication date: December 21, 2006
    Applicant: Lehman Brothers Inc.
    Inventors: Michael Sherman, Steven Halperin, Paul Robinson
  • Patent number: 5938142
    Abstract: A sheet material roll control device that comprises a series of protrusions that periodically intersect with each other while the sheet material roll rotates. One set of protrusions are located on a base while another set of protrusions are located on a roll plate. The roll plate is designed to fit on the end of a spindle that sits inside the roll core. In addition, attached to the roll plate and surrounding the spindle is an insert that rests flush inside the roll core. This insert fills the gap between the roll core and the outer shell of the spindle. With this insert, when the roll rotates, the spindle rotates with the roll, causing the roll plate to turn and periodically intersect protrusions located on the base, causing the rolling rate of the roll to slow down.
    Type: Grant
    Filed: September 4, 1998
    Date of Patent: August 17, 1999
    Inventor: Steven Halperin