CLS warns Alice ruling may impact all financial companies

CLS mired in legal tussle over technology patents

David Puth at CLS

CLS has warned that a court ruling in favour of legal rival, the Alice Corporation, could impact every major bank and all financial intermediary companies, and could potentially lead to a rise in overall trading costs, as the settlement utility battles over patent rights with the little-known Australian company.

In the latest twist to the long-running legal battle over technology patents, CLS has cautioned that a finding in favour of Alice Corporation, a company that has been branded a 'patent

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