Archive: May 2022

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English Court of Appeal holds that excluding liability for indirect losses, loss of profits, revenues and savings does not exclude wasted expenditure

May 10, 2022

The English Court of Appeal has overturned a High Court decision and ruled that an exclusion clause that excluded liability for loss of profits, revenues and savings did not exclude wasted expenditure (Soteria Insurance Limited (formerly CIS General Insurance Limited) v IBM United Kingdom Limited [2022] EWCA Civ 440).

Demise of the machines: Full Court of the Federal Court of Australia overturns ruling on AI as a patent ‘inventor’

May 05, 2022

After a somewhat surprising victory in the Federal Court last year (about which we wrote in our article ‘Rise of the Machines’), the hopes that an artificial intelligence machine, nicknamed DABUS, could be named as the inventor on a patent application have now been dashed by the Full Court. In short, the Full Court upheld an appeal by the Commissioner, ultimately finding that Dr Thaler’s patent application had indeed lapsed for failure to name an ‘inventor’ as required by the relevant regulations.