In a unanimous decision, the Supreme Court held that patent claims directed to abstract ideas do not become patent eligible by the “mere recitation” of generic computer elements. Alice Corp. Pty. Ltd. v. CLS Bank Int’l, No....more
6/23/2014
/ Alice Corporation ,
CLS Bank ,
CLS Bank v Alice Corp ,
Mayo v. Prometheus ,
Patent Litigation ,
Patent-Eligible Subject Matter ,
Patents ,
Popular ,
Risk Mitigation ,
SCOTUS ,
Software ,
USPTO
Alice Corp. v. CLS Bank is out and the result is not unexpected:
1) Alice's patents for computer-implemented methods and systems for financial risk intermediation are invalid.
2) The patents claim abstract idea,...more