Capit Capital continues to defend itself in a lawsuit for a patent diploma brought by Oanda.
On April 29, 2025, Gain submitted a letter to the New Jersey Regional Court, asking the court authorization to serve a summons for the deposition of non -witness Ken Ford, who wins, believes he has information about a previous art system, Primetrade FX.
A significant defense of the patent breach is that a patent is invalid, because the applicable invention is not new and/or is obvious taking into account the previous art.
The Patent Statute allows different types of previous arts to cancel a patent, including earlier patents and printed publications, as well as products/systems that were publicly used or known before the priority date of a patent.
Oanda filed a lawsuit against profit on May 11, 2020, almost 20 years after the priority date of patents (March 8, 2001) and over 13 years after the first of the two patents issued (December 5, 2006).
Gain argues that the patents claimed are invalid in previous art. Primetrade FX – traded by Credit Suisse – is such a previous art system that profit claims to have been publicly known in public use 24 years ago – before the previous priority date of patents.
Gain’s external partner serving previous art documents and deposition calls to Credit Suisse in this action to find a discovery about Primetrade FX. Credit Suisse represented the Council that because of the time transit and acquisition of Credit Suisse by an unconfirmed party, the documents that were still possessed were limited.
Credit Suisse eventually produced a handful of documents focusing on the aspects facing customers of Primetrade or high -level architectural descriptions. The consultant thoroughly sought the discovery by the credit suisse people who developed the Primetrade FX product for months, only to learn that people working on the Primetrade FX product were no longer with the company.
Credit suisse could not (or will) identify with the name of any person who worked in Primetrade.
Consequently, win research press releases and online resources to find potential witnesses involved in the FX trading using Primetrade at Credit Suisse before March 2001.
Gain believes that Mr Ford is a well -known witness living in New Jersey, who has relevant knowledge about the product of previous art Primetrade FX.
Mr Ford probably has relevant information through the use of the Primetrade FX product.
In short, profit has a good reason for Mr Ford’s proposed summons, because it probably has relevant knowledge of the previous art Primetrade FX product, which is related to Gain’s defense with Againted Againted Plays’s defense and Gain has diligently discovered the discovery of Ford’s Ford and Court of Justice. the issue.
This is a patent case that includes foreign coins. Oanda filed a complaint against profit on May 11, 2020, arguing that profit violates two patents, the US patent no. 7.146.336 (the patent “336”) and the US patent No.
The patents claimed are associated (patent 311 is a patent child 336) and share the same specifications. Claims on patents are generally aimed at the use of computer networks for commercial coins, and in particular the raising interest rates by financial institutions, the designation of market exchange rate and the execution of a trade if the interest rate falls under the acceptable.
The patent “336 contains” system “claims to recite various” servers “and” engines “that are supposed to be involved in the execution of a trade. The patent” 311 contains methods claims the steps performed by a “transaction server” and a “trading system” system.