How Alice V. CLS Bank Will Affect Patent Litigants

Law360, New York (June 19, 2014, 8:52 PM ET) -- In a unanimous decision issued on June 19, 2014, the U.S. Supreme Court found that patent claims for managing risk in a financial transaction were drawn to an abstract idea that was patent-ineligible under 35 U.S.C. § 101. Alice Corp. Pty. Ltd. v. CLS Bank Int’l et al., No. 13-298 (U.S. June 19, 2014). The opinion, authored by Justice Clarence Thomas, affirmed the en banc decision of the U.S. Court of Appeals for the Federal Circuit finding that the claims were invalid in a one-paragraph per...
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