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Lawmakers Debate Patent Immunity For Banks

Wateshay Re:This might be a Good Thing (382 comments)

Civil law does loosen the restrictions on ex post facto, but it doesn't eliminate it completely. If applied retroactively, this would clearly be a law aimed at punishing a specific individual who had no reasonable expectation at the time he got the patent that the law would be changed to invalidate it. Regardless of whether this is a legitimate patent (it's not 100% clear from the article that it isn't), the people who own the patent have clearly spent a lot of money getting and defending it. I don't think the courts would look fondly on Congress suddenly yanking it out from under them with no compensation (nor, frankly, should they).

more than 6 years ago

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