Alice Corporation Pvt. Ltd. vs. CLS Bank International (Case Analysis)
Alice Corporation Private Limited had a patent claim over a “Computer implemented scheme for mitigating ‘settlement risk’ by using a third-party intermediary”.[1] CLS seeked a declaratory judgement before the US Supreme Court contesting Alice’s claim to be “invalid, unenforceable, or not infringed.”[2] The court held that in accordance with the exception to Section 101 of the US…