Supreme Court to Rule on Software Patent Eligibility
- December 12, 2013
The Supreme Court has granted Alice Corporation’s petition for a writ certiorari to review a Federal Circuit Court judgment. Alice Corp., an Australian company owned in 50% part by the National Australian Bank, patents innovations related to investment, lending, and trading of risk. Since 2007 the company has battled CLS Bank International over software patents corresponding to transaction settlements through a third party (5,970,479, 6,912,510, 7,149,720, 7,725,375).