Update Report On Covered Business Method Review

The America Invents Act defined new post-grant options, including the Covered Business Method review. CBM was conceived as a fast-track vehicle to test patentabilty in the financial services industry, but other industries have used it too. More than 40 percent of CBM reviews have been initiated by technology companies, according to attorneys Michelle K. Holoubek and Michael V. Messinger, directors at Sterne, Kessler, Goldstein & Fox. Here, they take a close look at how CBM review has been used, and what some of the challenges are when using it.