Patent Reform Law Contains Key Provision Which Benefits Banking Community

more+
less-

The major provision of the Act that has significant impact for financial institutions is Section 18, which creates a post-grant review procedure within the United States Patent and Trademark Office (“USPTO”) for certain business method patents, known as “Transitional Review.” The Transitional Review is intended for “post-grant” review of patents, which means it provides a tool for banks that have been sued in a patent infringement lawsuit to challenge the patent alleged by the plaintiff to have been infringed.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Evan Pappas, Shumaker Williams, P.C. | Attorney Advertising

Written by:

more+
less-

Shumaker Williams, P.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×