A CRA expert determined the fair market value of a publisher’s US copyrights in connection with bankruptcy proceedings and a dispute with the publisher’s unsecured creditors. CRA considered both the standard and premise of value and analyzed various valuation methodologies under the cost, market, and income approaches, ultimately utilizing the excess earnings valuation methodology under the income approach. The parties ultimately reached a favorable settlement that compensated the lenders and enabled the publisher to emerge from bankruptcy.
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...