Fed. Circ. Nixes MasterCard's PTAB Win On Payment Patent

Law360, New York (December 22, 2016, 6:52 PM EST) -- The Federal Circuit on Thursday vacated two inter partes review decisions by the Patent Trial and Appeal Board that payment patents challenged by MasterCard are invalid as anticipated and obvious, finding that the board's claim construction was "unreasonable."

The appeals court held that the board misinterpreted the language of two patents owned by inventor John D'Agostino when it agreed with MasterCard International Inc. that many claims are anticipated or obvious in view of earlier patents.

"Because the board's decisions rest on an unreasonable claim interpretation, we vacate the decisions and remand for further proceedings," the court concluded.

D'Agostino filed suit in...

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