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.

For CBM review, the petitioner must show it has been sued or...
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