USPTO Can Reinterpret Trans Texas Patent: Court

Law360, New York (August 23, 2007, 12:00 AM EDT) -- The Federal Circuit on Wednesday upheld the U.S. Patent and Trademark Office's finding that a holding company's patents covering a way of insulating loan and deposit accounts from inflation were obvious and therefore invalid, saying that the office was not bound by a district court's earlier claim construction ruling.

Trans Texas Holdings Corp., the assignee of the two disputed patents, had argued that the USPTO was bound by the claim construction ruling issued by a Texas district court in a 1999 lawsuit it had brought against...
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