Today, the Supreme Court heard oral arguments in the hotly anticipated Bilski case. Members of the patent bar and the public attended the oral argument to gain some insight on what the Court would do with the thorny patentable subject matter question. Some commentators and members of the business community fear that the Court, with the stroke of a pen, may do away with many valuable business method patents (e.g., tax-avoidance methods, financial decision-making methods, etc).

Attached is a brief summary of the arguments prepared after hearing the arguments live at the Supreme Court. The statements in this summary are not the opinion of Shook, Hardy & Bacon LLP.

Transcript available at:
http://www.supremecourtus.gov/oral_arguments/argument_transcripts/08-964.pdf

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