CRA was retained by a global manufacturer of household appliances to perform a valuation of the company’s worldwide trademark portfolio. The need for this valuation arose in the context of a sale/license back transaction whereby the portfolio was transferred to a wholly-owned holding company that, in turn, licensed the trademarks back to operating units of the parent. CRA determined the fair market value of the marks for the sale portion of the transaction, as well as arm’s-length royalty rates for all of the subsequent licenses.
China refines trade secret protections
Important amendments to trade secret protection were made in administrative, civil, and criminal law in China. These amendments clarify terms used in the...