Panel: Federal Reserve Banks Can Challenge Patents Under America Invents Act

Mealey's (April 15, 2020, 11:08 AM EDT) -- WASHINGTON, D.C. — The Federal Circuit U.S. Court of Appeals on April 10 rejected a patent owner’s assertion that various federal reserve banks that questioned the eligibility of two fraud detection patents are not “persons” capable of petitioning for covered business method (CBM) review (Bozeman Financial LLC v. Federal Reserve Bank of Atlanta, et al., No. 19-1018, Fed. Cir., 2020 U.S. App. LEXIS 11315)....