Covered Business Method Review: An Important Tool

Law360, New York (June 10, 2013, 12:03 PM EDT) -- Financial services and software companies have a new tool for attacking the validity of business method patents. The America Invents Act created a new type of administrative proceeding called covered business method review, which may be used before, during or even after a district court trial. Twenty-five such CBM review petitions have been received by the U.S. Patent and Trademark Office as of May 6, 2013, and many more are likely in the future....

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