A CRA expert was retained by a leading manufacturer of probiotics to value patents and trade secrets that were to be assigned as part of a negotiated settlement in a class action litigation. CRA conducted extensive interviews with research, manufacturing engineering, marketing and business, legal, regulatory, and finance representatives to obtain relevant information necessary to apply the market and income approaches for the patented technology. Financial models, an appraisal report, and a sworn declaration were provided to support the litigation settlement.
Addressing low response rates in expert surveys
In this Law360 article, Kristen Backor (a survey and market research expert), Brandon Duke (a litigator), and Yamini Jena (an analyst in litigation consulting)...