Askeladden Seeks Patent Office Review of Kioba Processing Patent

Askeladden filed IPR petitions arguing the patent is invalid in view of prior art.

For Immediate Release:

Date: November 3, 2022

Contact: Press@patentqualityinitiative.com

New York, NY — Askeladden L.L.C., as part of its Patent Quality Initiative, recently filed two petitions with the Patent Trial and Appeal Board (PTAB) requesting inter partes review of U.S. Pat. No. 7,110,792, held by Kioba Processing, LLC. The first petition addresses Claims 1-7 and 24-31, and the second petition addresses Claims 8-23 of the ’792 Patent.

 

Kioba has asserted the ’792 Patent in six patent infringement lawsuits, including against American Express, Discover, Bank of America, and others. Askeladden’s IPR petitions argue that the ’792 Patent’s claims are invalid in light of prior art documents cited in the petitions.

 

Askeladden’s Patent Challenge Committee—a group of well-respected experts in the area of patent law—chose to petition the PTAB for review of the ’792 patent as part of the Patent Quality Initiative.

Askeladden is represented by Amster Rothstein & Ebenstein LLP.

 

About the Patent Quality Initiative

Askeladden is an education, information and advocacy organization with the goal of improving the understanding, use and reliability of patents in financial services and other industries. As part of its Patent Quality Initiative, Askeladden strives to promote better patents and patent holder behaviors by regularly filing amicus briefs, Inter Partes Reviews (IPRs) and engaging in educational activities.