Fed. Circ. Nixes Intellectual Ventures Patents Under Alice
Richmond partner Robert Angle and Dabney Carr were mentioned in a July 6 Law360 article about a Federal Circuit ruling on July 6 rejecting Intellectual Ventures Management LLC’s attempt to overturn the invalidation of several online banking patents it asserted against Capital One Financial Corp.; the court found that the patents covered abstract ideas under the standard set by the U.S. Supreme Court’s landmark Alice ruling. In 2013, Intellectual Ventures filed suit against Capital One, alleging that it violated five patents on website and database technology.
According to the article, Capital One defeated claims related to two patents not involved in the July 6 ruling. And prior to that ruling, the Federal Circuit had allowed Capital One to drop an appeal of its antitrust counterclaims; those counterclaims are now before a Maryland district court in a separate fight between the two companies. The three patents involved in the July 6 ruling were previously invalidated in America Invents Act reviews by the Patent Trial and Appeal Board under Alice, “which upheld challenges from Bank of America Corp. and others that, like Capital One, had been accused of infringement.”
Robert and Dabney represented Capital One in the legal proceedings.