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CLS Group (for Continuous Linked Settlement), or simply CLS, is a specialized financial market infrastructure group whose main entity is the New York-based CLS Bank.It started operations in 2002 and operates a unique and global central multicurrency cash settlement system, known as the CLS System, which plays a critical role in the foreign exchange market (also known as forex or FX).
Alice Corp. v. CLS Bank International, 573 U.S. 208 (2014), was a 2014 United States Supreme Court [1] decision about patent eligibility of business method patents. [2] The issue in the case was whether certain patent claims for a computer-implemented, electronic escrow service covered abstract ideas, which would make the claims ineligible for patent protection.
CLS Bank International – world's largest multicurrency cash settlement system; Chicago Mercantile Exchange – subsidiary of the CME Group, the world's largest futures exchange; ICE Clear Credit – subsidiary of IntercontinentalExchange (ICE), the second largest futures exchange after CME; Options Clearing Corporation [8]
Alice Corp. v. CLS Bank International From a page move : This is a redirect from a page that has been moved (renamed). This page was kept as a redirect to avoid breaking links, both internal and external, that may have been made to the old page name.
There are ~10 citations in the Alice Corp. v. CLS Bank International#Appeals section which are maintenance nightmares. They all look something like this: CLS Bank Int'l v. Alice Corp. Pty. Ltd., 717 F.3d 1269, 1279-82, 106 U.S.P.Q.2d 1696, 2013 ILRC 1851 (Fed. Cir. 2013) [2013 BL 124940] at Bloomberg Law site; and all link to the same URL:
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List of international financial institutions: . African Development Bank; Asian Development Bank; Asian Infrastructure Investment Bank; Bank for International Settlements; Black Sea Trade and Development Bank
Current US case law Alice Corp. v. CLS Bank International (decided June 2014) requires that in order for a business method to be patentable, it must be "significantly more" than simply implementing a well-known business process on a computer. The immediate response of the USPTO to this decision as of July 2014 has been to essentially stop ...