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Keywords

settlementpatentcorporation
settlementpatent

Related Cases

Alice Corp. Pty. Ltd. v. CLS Bank Intern., 573 U.S. 208, 134 S.Ct. 2347, 189 L.Ed.2d 296, 82 USLW 4508, 110 U.S.P.Q.2d 1976, 14 Cal. Daily Op. Serv. 6713, 2014 Daily Journal D.A.R. 7838, 24 Fla. L. Weekly Fed. S 870

Facts

Issue

Rule

Analysis

The Supreme Court found that the claims were directed to the abstract idea of intermediated settlement, a fundamental economic practice. The method claims merely required generic computer implementation, which did not transform the abstract idea into a patent-eligible invention. The Court emphasized that simply appending conventional steps to an abstract idea is insufficient for patent eligibility.

Conclusion

We hold that the claims at issue are drawn to the abstract idea of intermediated settlement, and that merely requiring generic computer implementation fails to transform that abstract idea into a patent-eligible invention.

Who won?

The prevailing party in this case is CLS Bank, as the Supreme Court upheld the lower court's decision that the patents were invalid due to being directed to an abstract idea. The Court's reasoning emphasized that the claims did not contain any inventive concept that would render them patentable, thus affirming the judgment against Alice Corporation.

The prevailing party in this case is CLS Bank, as the Supreme Court upheld the lower court's decision that the patents were invalid due to being directed to an abstract idea.

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