The licensing function for a leading worldwide producer of specialty materials was having difficulty managing IP rights and obligations for its large and growing portfolio of license agreements. Charles River Associates was engaged to design, develop, and implement a custom license agreement management database tool to proactively manage the license agreement portfolio. The database tool systematically tracked IP rights licensed-in or granted to others and included all royalty provisions and key nonfinancial terms and conditions such as licensed products, field-of-use restrictions, and exclusivity provisions. Standardized reports by product, responsible business unit, and licensing manager were provided to assist in managing the agreements. A royalty tracking feature was included to help identify potential underreporting of royalties by licensees.
The comparability challenges patent damages experts face
In August, in MLC Intellectual Property LLC v. Micron Technology Inc., the US Court of Appeals for the Federal Circuit affirmed a district court’s ruling to...