The Supreme Court struck down a patent for a method to hedge weather-related financial risk, but declined to make it more difficult to patent “business methods” or software. Finnegan partner J. Michael Jakes, a said he was disappointed with the result but happy with the Court’s analysis. “The Court rejected the federal circuit’s very limiting ‘machine-or-transformation’ test and confirmed that business methods are not excluded from patenting” Jakes said. Furthermore, Jakes stated that Bilski and Warsaw will continue their fight to win a patent, in what has become a 10-year intellectual property battle.
