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Appeals Court Denies AdvanceMe Patent Appeal |
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In a lightning fast ruling, the DC-based Court of Appeals for the Federal Circuit rejected an appeal by AdvanceMe Inc. of the ruling by a lower court that invalidated the company's patent on merchant cash advance business methods.
In a brief order that came only nine days after a three-judge panel heard the appeal, the appeals court simply affirmed the lower court ruling, from the Eastern District Court in Texas.
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