Joel Wacek, Principal, Hoffman Alvary to Speak at KC’s Event
The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Joel Wacek, Principal, Hoffman Alvary will speak at the Knowledge Group’s webcast entitled: " Reasonable Royalty Damages, Apportionment and Expert Opinions in Light of Exmark Case LIVE Webcast.
- New York, NY (1888PressRelease) May 24, 2018 - For further details, please visit:
https://www.theknowledgegroup.org/webcasts/reasonable-royalty-damages/
About Joel Wacek
Joel Wacek is a Principal of Hoffman Alvary. His practice focuses on financial and economic analysis for intellectual property disputes, licensing and business valuation matters. Mr. Wacek has more than a decade of experience in computing damages in intellectual property infringement matters, as well as providing financial analysis related to breach of contract and business valuation disputes.
Mr. Wacek’s experience includes providing expert testimony, preparing expert reports and assisting counsel in preparing for depositions and trial examinations. Mr. Wacek continually monitors the developing changes in patent damages case law to inform his complex damages analyses involving lost profits, reasonable royalties and price erosion.
Mr. Wacek holds an M.B.A. and a Masters of Science in Finance from the Carroll School of Management at Boston College, and a B.A. in both Economics and History from Boston College. He is a Certified Licensing Professional and member of the Licensing Executives Society and International Trademark Association.
About Hoffman Alvary
Hoffman Alvary & Company is a consulting firm providing independent advisory services to law firms, their clients and other institutions worldwide.
The firm’s Intellectual Property and Valuation Consulting practices assist companies and their counsel in a broad range of areas including expert witness testimony, licensing matters, valuations and general business consulting. The firm’s principals are experienced in determining and testifying to the amount of damages arising from the infringement of intellectual properties, and as well as in analyzing financial, accounting and economic issues in investigations before the International Trade Commission.
The firm’s Law Firm Consulting practice focuses on management consulting to major law firms throughout the United States, Canada, the UK and Europe, and works regularly with nearly half the AmLaw 100 and AmLaw Second Hundred firms in their strategic and tactical considerations.
For more information on Hoffman Alvary, visit www.hoffmanalvary.com.
Event Synopsis:
As the number of cases filed under patent infringement continues to grow, methods in determining related damages have significantly evolved as well. In a recent case involving Exmark Manufacturing Company and Briggs & Stratton Power Products, the U.S. Court of Appeals for the Federal Circuit affirmed that reasonable royalty calculations have important implications in patent infringement. The jury trial between the U.S.-based companies has found that the defendant infringed the contested patent, and thus, awarded the plaintiff with over $24 million in damages.
Given the outcomes in Exmark, the Federal Circuit has signaled greater flexibility when apportioning damages by allowing the use of royalty rate in addition to the royalty base when valuing a patented invention's contribution to a larger multicomponent product.
In this LIVE Webcast, a panel of thought leaders and professionals brought together by The Knowledge Group will provide the audience with an in-depth analysis of the important information in determining Reasonable Royalty Damages, Apportionment and Expert Opinions in Light of Exmark Case. Speakers will also identify key trends and issues involving this significant topic.
Key topics include:
- Reasonable Royalty Damages, Apportionment and Expert Opinions: Fundamentals
- Overview of the Exmark Manufacturing Company v. Briggs & Stratton Power Products Case
- Royalty Rate v. Royalty Base
- Calculation Challenges
- Implications to Patent Infringement Litigation
- Recent Court Decisions
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
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