Law 360 Reports on TD Ameritrade Urging the High Court To Reject Patent Case

Charles R. Macedo, an attorney for Island IP, said in a statement it was happy with the amicus briefs and that the petition raises important questions.

"TD Ameritrade’s response only reinforces the need for the Supreme Court to grant certiorari on the Federal Circuit’s overuse of Local Rule 36," Macedo said. "Like their arguments to the Federal Circuit, rather than defend the district court’s decision below as written, TD Ameritrade yet again offers a different rationale which both ignores Step 2 of Alice and the evidence presented with respect to it. The public and the parties do not have a clear understanding of why the district court was affirmed by the Federal Circuit."

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