As part of a corporate restructuring, a global manufacturer of photographic media sought to value certain IP assets. CRA was engaged to assess the value of intellectual property developed by a business unit being considered for spin-out or wind-down. CRA conducted due diligence to identify and value all relevant intellectual property, including patents, trademarks, trade secrets, and know-how. Multiple approaches, including market and income approaches, were used to determine an estimated value range for disposal of the assets under both orderly sale and liquidation scenarios.
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...