Cehwiedel: The Government Taketh Away: Senator Leahy and Patent Law
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Started by: zoobabzoobab
Date: 17 Feb 2008 01:26
Number of posts: 1
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Summary:
Section 14 of that proposed revision of patent law would disallow suits against banks for following the Federal “Check 21” procedure for electronically processing checks. Shielding banks against such suits would void the patent protection asserted by DataTreasury under patents 5,910,988 and 6,032,137. That boils down to a government taking of potentially as much as a billion dollars.
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