In order to prevent patent-licensing problems, standard-setting organizations (SSOs) have created fair, reasonable, and non-discriminatory (FRAND) terms to ensure that standard-essential patent (SEP) owners will get patent benefits without unfair bargaining. Earlier this year, as patent holders are generally free to charge the users of their patents, the developers of technical standards have agreed to license the former’s SEPs to manufacturers of standardized products at royalty rates that are fair, reasonable and non-discriminatory.
Valuation and Accounting for Venture Capital and Private Equity Funds: Practical Guide
Iwork OJT2022-10-06T05:25:37-04:00In August 2019, the American Institute of CPAs (AICPA) issued an Accounting and Valuation Guide for investment companies entitled, "Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies". The guide provided non-authoritative recommendations and considerations when preparing and auditing financial statements. It also sought to explain fair value measurement in accordance with Accounting Standards Codification (ASC) 820 and 946.
How to Effectively Calculate Lost Profit Damages: Best Practices You Must Know
Iwork OJT2022-10-24T05:48:22-04:00Today's legal landscape presents a higher degree of challenge for businesses when it comes to lost profits damages calculation. The changing regulations and notable court cases constantly shape the process making it more complex as the years pass. Thus, it is also becoming more imperative for companies and their counsel to be acquainted with the legal updates and governing principles in this area of law. Adherence to the appropriate legal principles, proper defense strategy planning, and effective methodologies must be carefully considered to increase the accuracy of lost profits damages calculation.
Chapter 11 Bankruptcy Valuation Issues: Demystifying Trends, Updates, and COVID-19 Implications
Iwork OJT2022-10-28T01:24:24-04:00With the ongoing economic turmoil and financial strain brought by the COVID-19 outbreak, valuation issues in Chapter 11 bankruptcy cases are expected to become more complex and challenging for companies. Because valuation plays an integral aspect in determining a Chapter 11 bankruptcy case, companies seeking reorganization during these economically challenging times must be aware of the potential issues that may arise before or during the process. Additionally, they must be in the know of the ever-changing legal revamps of a Chapter 11 bankruptcy valuation process to successfully address any potential or ongoing petition.
Trends and Developments in R & D Tax Credits: What to Expect in the 2020 Landscape
Iwork OJT2022-10-28T01:30:43-04:00The Research and Development (R&D) Tax Credit program remains to be an enticing opportunity for businesses – small and large – to boost their assets. Fortunately, significant reforms have been made over the years and millions of businesses from different industries can now take advantage of its benefits.
Commercial Litigation in 2020: Winning Tips and Strategies
Iwork OJT2022-10-28T02:30:37-04:00Along with the increasing volume of commercial disputes is the emergence of various issues that continue to reshape the commercial law landscape. In this LIVE Webcast, seasoned litigators Reginald L. Snyder (Taylor English Duma LLP) and Steven Barber (Steptoe & Johnson LLP) will bring the audience to a road beyond the basics of commercial litigation.
Litigation Funding: Maximizing Potentials While Mitigating Risks
Iwork OJT2022-10-28T02:55:18-04:00Litigation funding has become a rapidly expanding corporate finance tool in the U.S. for companies and law firms of all sizes. Although relatively new, litigation funding is growing in use and prevalence, as it offers several significant benefits to commercial litigants and their lawyers. It can provide clients the capital they need to pursue cases while also managing cash flow and it allows law firms to share measured risk with their clients and take on more cases. With the changing legal landscape, however, funding remains often misunderstood. It’s important for litigants and lawyers to understand the ethics rules and guidelines that can impact funding and the best practices for selecting and working with funders.
Trends and Developments on Executive Compensation: A Comprehensive Guide to Avoid Potential Threats
Iwork OJT2021-07-16T03:32:58-04:00Various issues have continuously affected the executive compensation landscape and impacts of COVID-19 has also added to these concerns. Because some businesses were not well-prepared to withstand the pandemic’s fallouts, the immediate response left for them to alleviate cash flow difficulties is to implement several cost-cutting measures. However, they must also become aware of the different gray areas concerning these steps. Thus, being up to date with the current and emerging legal trends is essential.
Litigation Techniques in Markman Hearings: Exploring Significant Trends and Developments
Iwork OJT2021-07-09T01:26:34-04:00Also known as claim construction hearing, the Markman hearing is a significant proceeding in a patent infringement case. Getting it right is crucial to the success of a case.
Navigating the Proposed Opportunity Zone Regulations: What You Should Know and Do in 2020
Iwork OJT2021-05-19T07:51:06-04:00In December 2019, the Final Regulations for Qualified Opportunity Zone Program were issued by Treasury and the Internal Revenue Service (IRS). The Final Regulations were reported in the Federal Register in January 2020 and will become final in mid-March.
Patent Damages Calculations in 2021: Trends, Tactics, and Best Practices
Joenel2022-04-05T02:53:15-04:00Calculating patent damages is no small feat. Foremost, practitioners need to establish a credible calculation that aligns with the circumstances surrounding a case. At the same time, this calculation should be clear in a way that triers of fact can understand and accept. Adding to the complexity are emerging litigation issues that constantly mold and remold the procedure. Thus, it is crucial that practitioners utilize applicable damages calculation methodologies cautiously.
Effective Intellectual Property Damages Calculation: A Comprehensive Guide
Iwork OJT2021-08-23T02:57:30-04:00Effective calculation of intellectual property damages is a crucial factor in any IP litigation. However, with significant court cases constantly shaping the process, several risk issues including apportionment analysis, royalty base issues, and damages calculation methodologies must be carefully considered to avoid unwanted risks and pitfalls.
Synthetic Identity Fraud Detection and Prevention: Best Practices for Companies
Iwork OJT2021-06-21T21:39:23-04:00Synthetic identity fraud remains to be a vexing problem for many financial institutions and organizations today. With its widespread impact and continuing proliferation, it is considered one of the fastest-growing types of financial crimes in the U.S. Significantly, without a comprehensive understanding of synthetic identity fraud, detection can become an increasingly difficult task. Although banks and other companies have been investing in technologies that offer help, financial crimes continue to surface, chiefly due to the lack of solutions that focus on detection and prevention.
Managing and Preparing for LIBOR Transition: Practical Guide
Iwork OJT2023-01-19T22:04:28-05:00Effective December 31, 2021, the London Interbank Offered Rate (LIBOR) will be replaced by the Secured Overnight Financing Rate (SOFR) as a primary benchmark index. The impending transition is expected to disrupt the whole market structure and pose significant challenges and risks to financial institutions.
Trends and Developments in Admiralty and Maritime Claims and Litigation: Hot Buttons to Know and Consider
Iwork OJT2021-07-13T04:33:21-04:00For the past years, the admiralty and maritime claim litigation have undergone several significant changes. Key factors that drive these developments include the increasing claims involving problems from the industry’s constantly changing regulatory landscape. Additionally, crucial problems such as issues on the law of overseas seizures, distinction conflicts on the British-American rule of maritime law, and the evolving impact of Jones Act in the US Maritime industry compel immediate resolutions.