Fed. Circ. Upholds Win For NYSE In Papyrus IP Suit

Law360, New York (October 8, 2010, 1:09 PM EDT) -- A federal appeals court has affirmed a win for New York Stock Exchange LLC in a patent infringement suit brought by Papyrus Technology Corp., upholding the lower court's decision to invalidate two patents that cover trading floor communication and data organization.

A three-judge panel of the U.S. Court of Appeals for the Federal Circuit dealt the loss to Papyrus on Thursday with a one-word per curiam decision: “Affirmed.” The decision was a quick one — the two sides gave their oral arguments in the appeals court...
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