A private equity fund retained CRA to conduct a purchase price allocation in connection with its acquisitions of commercial financing businesses. CRA’s primary assignment was to estimate the fair value of acquired entities’ intangible assets, including customer relationships, trade names, non-compete agreements, order backlogs, and technology. Additionally, CRA was asked to estimate the fair value of the acquired entities’ lease portfolio at the time of acquisition. Subsequent to the acquisitions, CRA helped management perform a ASC 350 goodwill impairment analysis and a ASC 360 recoverability testing of long-lived assets of the acquired entities.
Anticompetitive conduct and patents listed in the Orange Book
Branded pharmaceutical manufacturers are required by law to list all patents in the Orange Book that cover an approved drug product. However,...