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This month, we highlight inventions that entail process (or method) claims. These inventions have received much press recently, particularly in light of the Federal Circuit Court's recent decision, In re Bilski. According to Bilski, in seeking patent protection for an innovative process (including a business method), the claims must recite how the process either transforms an article to a different state, or is carried out on a particular computer or other machine. Thus, in order to be entitled to a patent, a claimed method must pass the so-called "machine-or-transformation" test. Our clients, Richard O. Michaud and Robert Michaud, stand on the forefront of modern portfolio theory. They recently obtained U.S. Patent No. 7,412,414 covering computer-implemented methods for optimizing the return in an investment portfolio for a specified level of risk. The patented method applies notions of forecast certainty to define parameters of a resampling process used, in turn, to derive optimal portfolio weights.
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Bromberg & Sunstein Client Wins $65 million Verdict
Lisa Tittemore presents a review of the previous year's trademark developments to the Boston Bar Association. Read her Overview. Decisions. |
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