The American Bar Association Section of Intellectual Property Law and the ABA Center for Continuing Legal Education are sponsoring the above-titled live webinar on Tuesday, February 14, 2012:
The framework for determining a reasonable royalty was established nearly a century ago in United States Frumentum Co. v. Lauhoff, which generally provides that a reasonable royalty is an amount of money determined by applying sound economic principles to case-specific facts. This basic framework has remained effectively unchanged for many years.
However, in an attempt to rein in problematic damages analyses, the Federal Circuit recently issued opinions that directly impact three key elements of reasonable royalty damages. They are
1. the use of technology agreements;
2. profit splitting; and
3. the application of the entire market value rule.
Our expert panel will discuss the fundamental legal and economic principles regarding reasonable royalty damages by examining the three key elements impacted by the recent Federal Circuit rulings. A legal and economically rational approach can be found by reflecting contemporary issues on the historical roots of the reasonable royalty.
> Emily J. Lawrence (Moderator),CNH America LLC
> John B. Scherling, Partner, Sughrue Mion PLLC
> Ryan M. Sullivan, President and Chief Economist, Quant Economics Inc.
Learn more and register here.