Engagements

Commercially reasonable efforts

Sean Sheridan was retained by counsel to the Respondent in an ICDR arbitration to assess whether the respondent used commercially reasonable efforts with respect to its obligations under the license agreement between the parties.

CRA evaluated the Respondent’s efforts relative to industry benchmarks, ultimately concluding that commercially reasonable efforts were exercised. Ultimately, the panel agreed with Dr. Sheridan’s opinions regarding the respondent’s efforts.

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