The lawyer who represented Mr. Bilski and Mr. Warsaw, J. Michael Jakes, said that he and his clients were "disappointed by today's decision" because they believed that the hedging method should have been patentable.
Differences between the three 'laying' methods reduced over time, so a cheaper conservation hedging method is recommended as an alternative to traditional hedge laying.
Hedging, method of reducing the risk of loss caused by price fluctuation.
It uses every known hedging method, from stock shorting to risk arbitrage to option strategies, enhanced through some leverage (usually around 20%).
To avoid bias in determining these stand values, particular 'edge overlap' methods must be used when measuring any plot of which a part falls beyond the forest edge (Schreuder et al. 1993, pp. 297 301; Iles 2003, pp. 621 658; Gregoire and Valentine 2008, pp. 343 355; West 2013, 2015, pp. 126 130).
Effect size and 95% confidence interval (CI) of change after treatment between treatment groups was estimated using Hedges' method [ 12].
DealBook » Jefferies Stock Slide Highlights Need for Disclosure | Investors are not particularly confident in banks' methods of hedging their exposure to European sovereign debt, but requiring firms to disclose more information about these trades might help, The Wall Street Journal's Heard on the Street writes.
The businessmen who came up with a method for hedging financial risk in energy trading sued the Patent and Trademark Office after it denied them a patent.
The petitioners in the case, Bernard L. Bilski and Rand A. Warsaw, had sought to patent a method of hedging risks in the sale of commodities, including the risks associated with bad weather.
That case does not directly concern gene patents — it is about a fight over a method of hedging risk in commodities trading — but it gives the Supreme Court a chance to set new standards on what is patentable.
