Bilski Kills Patent In 'Keep The Change' Suit V. BofA

Law360 (May 29, 2009, 12:00 AM EDT) -- A federal judge has ruled that Bank of America Corp.'s “Keep the Change” program does not infringe Every Penny Counts Inc.'s patent for a system that allows consumers to save a portion of a credit or debit transaction, ruling that the U.S. Court of Appeals for the Federal Circuit's decision in In re: Bilski invalidates the patent.

In an order signed Wednesday in the U.S. District Court for the Middle District of Florida, Judge Paul A. Magnuson granted Bank of America's motion for summary judgment, and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.