Raymond Millien, PCT Companies & Michael Lasinski, Capstone Valuation
In a case closely watched by the financial services, software, medical and other industries, the U.S. Supreme Court will review the In re Bilski ruling that denied a patent for a method of hedging in commodities trading. In re Bilski largely disavowed the controversial 1998 State Street Bank decision where the Federal Circuit opened a floodgate for business method patents. According to its detractors, State Street had led to the issuance of weak patents and exposed financial services companies to high-dollar litigation over business method patents. Now the future of business method patents and processes is at stake when the Supreme Court hears In re Bilski during its next term.
Join us as Raymond Millien of The PCT® Companies and Michael Lasinski of Capstone Valuation Services – both recently named to IAM’s inaugural list of the world’s top IP strategists – discuss how the In re Bilski decision has affected the IP marketplace, including:
- Case Background
- Summary of Recent Court Cases
- Speculations on how the Supreme Court will decide
- Effect on valuation of banks, hi-tech firms and start-ups
About the Speakers:
Raymond Millien is the Founder and Chairman of The PCT Companies – the nation’s only integrated provider of Intellectual Property-based public policy, strategic management and monetization advisory services. Prior to PCT, Mr. Millien was General Counsel of Ocean Tomo, and VP and Group IP Counsel at American Express Company.
Michael J. Lasinski is a Managing Director at Capstone Valuation Services, LLC. He has over fourteen years experience in business and intellectual property valuation, strategic due-diligence, and litigation consulting. Prior to Capstone, Mr. Lasinski was a Managing Director at Ocean Tomo, LLC and Vice President in Charles River Associates’ Intellectual Property practice.