Post-License
Monitoring and Support: Performance and Revenue Enhancement Strategies (and
When All Else Fails How to Pull the Plug and Take Back Your IP)
Originally presented December 16, 2009
The road from the research lab to a signed license agreement is long. And after all the work is done and the deal is finally inked, it's understandable for TTO staff to breathe a sigh of relief and cross at least one technology off their list - with many others waiting for attention. However, the work doesn't stop when the deal closes - unless you don't mind letting dollars you're due under the agreement slip through your fingers...
If you don't have an airtight post-license monitoring procedure in place, you could be losing millions in royalties
That's why we've lined up three leading experts in licensee monitoring for an intensive 90-minute distance learning program:
Post-License
Monitoring and Support:
Performance and Revenue Enhancement Strategies
(And When All Else Fails, How to Pull the Plug and Take Back Your IP!)
While most licensees act in good faith and strive to abide by their contractual obligations, some - according to several studies the majority -- intentionally or not end up breaching their contract. Under-reporting of royalties, failure to support the IP as promised, re-interpretation of definitions, sublicensing arrangements, and financial hardship are just some of the common reasons TTOs and their faculty frequently get short-changed.
Our expert panel will show you how to discover these missing dollars using a systematic, thorough auditing process while maintaining positive relationships with licensees. And they'll also outline the specific steps, after a problem comes to light, you must take to protect your IP and collect your rightfully share royalty payments.
In this eye-opening and how-to session, you'll also learn:
About Your Speakers
Debora
Rose Stewart, CPA, CFF, MBA is a Managing Director and co-founder of
Invotex Group. Invotex's consulting practice consists of a national litigation
services practice with a particular emphasis in insolvency and restructuring
services and an intellectual property and antitrust practice. The firm additionally
provides valuation, management and financing services to owners of intellectual
property. Ms. Stewart has more than 20 years of financial and consulting experience.
In addition to leading Invotex's License Management and Royalty Compliance practice,
her background includes management responsibilities for Navigant Consulting,
Inc.'s Intellectual Property Consulting Services, where she managed large engagements
in litigation support services, forensic accounting, and financial investigation
services. Ms. Stewart has more than 15 years experience working with corporations,
universities and their counsel on intellectual property matters. Her intellectual
property experience includes intellectual property compliance, valuation and
licensing consulting as well as reasonable royalty and lost profit damage calculations
in patent, trademark and copyright infringement and trade secret matters. She
also developed a proprietary Royalty Reporting Process to help clients take
a proactive approach to managing royalty reporting and revenue. In addition,
Ms. Stewart has provided advisory services to clients in all phases of the litigation
process. Her assignments have included breach of contract, business interruption,
construction claims, accounting malpractice, unfair competition, intellectual
property matters and investigative accounting engagements.
Judy
Ann Byrd, CPA, CIRA, CFF, MBA, is a Director with Invotex Group. She
has nearly 20 years experience providing a variety of accounting and consulting
services, including corporate restructuring services, litigation services, and
valuations. Ms. Byrd has more than seven years experience providing tax, accounting
and auditing services (including royalty audits). She is a Certified Public
Accountant, a Certified Insolvency and Restructuring Advisor, and is certified
in Financial Forensics.
Lawrence
K. Nodine is a partner in the Needle & Rosenberg Intellectual Property
Practice of Ballard Spahr. He is partner-in-charge of the IP Litigation Group
and a member of the Trademark and Copyright Group. Since 1983, Mr. Nodine has
served as lead counsel, including first chair trial counsel, on a wide variety
of cases involving trademarks, copyrights and patents, including the Cabbage
Patch Kids trademark case and many complex patent cases including diverse technologies
(biotechnology, electronics, programming guides, vehicular telematics, pharmaceuticals,
antimicrobial agents, hand-held electronic devices, commercial carpet and flooring
systems, and avionics). Mr. Nodine has appeared before the Federal Circuit Court
of Appeals and the Eleventh Circuit Court of Appeals. He is a member of the
Atlanta and American Bar Associations, the State Bar of Georgia (serving as
President of the Intellectual Property Law Section from 1998-1999), and he is
admitted to all state and federal courts in Georgia, the Fifth Circuit U.S.
Court of Appeals and the Eleventh Circuit Court of Appeals, as well as the Court
of Appeals for the Federal Circuit. Since 1987, Mr. Nodine has served as an
adjunct professor at Emory University Law School, where he has taught a variety
of intellectual property courses. For more than ten years, The Best Lawyers
in America has named Mr. Nodine as one of the top IP lawyers in Atlanta.
Who Should
Listen
Technology transfer managers and professionals, government lab directors, administrators
and deans, research commercialization directors, licensing specialists, start-up
managers, university research VPs, VC and angel executives, IP attorneys and
consultants, and others with an interest in improving the performance of their
IP license agreements.