Law360, New York (May 13, 2013, 10:29 PM EDT) -- A deeply divided en banc panel of the Federal Circuit ruled Friday that a computerized platform for reducing risk in financial trading offered by Alice Corp. was merely an abstract concept that's ineligible for patent protection. Here, lawyers tell Law360 what the decision in CLS Bank International v. Alice Corp. Pty. Ltd, means for patent law.
Demetrios Anaipakos, Ahmad Zavitsanos Anaipakos Alavi & Mensing PC
"CLS Bank was one of the Federal Circuit's most widely anticipated decisions. Unfortunately, rather than clarifying the patentability criteria that will...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.