Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Live Webcast on Commercial Damages: Overview and Cross Examination - Bullet Proof or Bullet Holes?The Knowledge Congress has scheduled a live webcast entitled: “Commercial Damages: Overview and Cross Examination - Bullet Proof or Bullet Holes?”. This two-hour event is scheduled on October 28, 2010 at 12:00 PM - 2:00 PM ET.
By: The Knowledge Congress A. Before and after methodology (often by comparing the injured party’s activities before the wrongful event with its performance after the event). B. Yardstick methodology (typically using other firms or the plaintiff’s other locations as a benchmark to estimate what would have happened to the plaintiff but-for the wrongful event). C. Sales projection methodology (building a financial model of what would have happened to the affected business based on various model inputs). D. Market model methodology (often by linking plaintiff’s losses to its market share of the overall industry sales it experienced before the event). Many factors go into an expert’s consideration for the reasonable measurement of damages. Such factors are defined by the facts and circumstance of the alleged event as defined by the Plaintiff’s complaint. Some of the considerations by the expert might include: - Determination of change in revenues perhaps based on historical trends - Incremental costs avoided by the loss in revenues - Reasonable profits expected but not realized - Economic outlook affecting calculation - Industry outlook affecting calculation - Actual performance realized during the period damaged thus providing a mitigation to the profits claimed lost - The length of time horizon of the period damaged - Adjustments for risk and cost of capital (discount rates) - Fixed and variable costs of production - The impact of competition - Capacity constraints on the business - Available technology and its effect on damage - Regulatory and environmental issues The measurement of damages from a defendant’s infringement on intellectual property falls into three main categories: 1. Lost profits to the plaintiff 2. Reasonable royalties imposed on the defendant 3. Disgorgement of the defendant’s profits realized The event would present three examples of claims for cross examination and discussion: 1. A statistical trend line 2. A contractual infringement and 3. A trade secret royalty The Knowledge Group has assembled a team of experts to help unravel the complexities and understand reasonable measurements in commercial damages and how they will impact your firm. Click the “Register” Speakers/Faculty Panel Michael J. Mard, CPA/ABV, ASA, President, The Financial Valuation Group Michael A. Crain, CPA/ABV, ASA, CFA, CFE, Principal, The Financial Valuation Group William Hamilton, Partner, Quarles & Brady LLP Neil J. Beaton, CPA/ABV/CFF, CFA, ASA, National Partner in Charge, Valuation Services, Grant Thornton LLP For a peek at the event, please visit: http://www.knowledgecongress.org/ About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|