The applicants (Bernard L. Bilski and Rand Warsaw) filed a patent application (on 10 April 1997) for a method of hedging risks in commodities trading. Such patent claims are often termed business method claims. [...] Bilski’s method claim was patent-ineligible because it did not “transform any article to a different state or thing.†[...]
It has been widely reported that the Bilski decision will call into question the validity of many already issued business method patents. [...]
Read the whole thing.
Via our Jason Ruspini
