In other Ocean Tomo Insights posts, I have discussed uncertainty in the intellectual property system. In the patent system, one of the sources of uncertainty is the question of validity. A recent publication by my former colleagues in the Office of the Chief Economist at the US Patent and Trademark Office addresses uncertainty that resulted […]
Federal Circuit
Federal Circuit Panel’s Diverge on Abstractness of Business Method Claims
Recent Federal Circuit Court rulings indicate inconsistencies surrounding “abstract ideas” and the resulting patent-eligibility of business methods and software. In CLS Bank Int’l v Alice Corp. (No. 2011-1301, Fed. Cir. July 9, 2012), the Federal Circuit passed judgment on the eligibility of claims directed to a computerized trading platform for exchanging credit and debit obligations […]