CRA was retained by a leading US manufacturer of building materials to assist its transaction team by valuing product and manufacturing technology and other IP that was to be contributed as part of a JV with a leading Asian building materials company. CRA developed detailed financial models of each JV manufacturing plant in twelve countries to quantify the incremental economic benefit attributable to the IP, including manufacturing and freight cost savings, and expected price premiums. CRA coordinated its valuation analyses with the client’s investment banking advisor, participated in negotiation discussions, and prepared appraisal reports and analyses for financial reporting, transfer pricing and other tax purposes.
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...