Ocean Tomo is pleased to announce the promotion of Robert McSorley, JD, CPA to Managing Director in Ocean Tomo’s Intellectual Property Disputes Financial Experts practice out of the firm’s Chicago headquarters. This practice area quantifies financial damages arising from intellectual property disputes and provides general litigation support. Mr. McSorley has 30 years of experience addressing […]
Ocean Tomo Expert Testimony
Extraterritorial Application of the Defend Trade Secrets Act
Trade secrets are a valuable form of IP which need to be protected. In 2019, the FBI reported that the annual cost to the US economy of counterfeit goods, pirated software, and theft of trade secrets is between $225 and $600 billion. To further the protection of U.S. trade secrets, President Obama signed into law […]
Ocean Tomo Welcomes Brian Napper, Managing Director
With over 30 years of experience, Mr. Napper has served global clients as an intellectual property valuation, licensing, and commercialization expert skilled in the determination of financial damages. On more than 80 occasions over the past decade, he has provided deposition, trial, and arbitration testimony across a wide range of courts and tribunals on issues […]
Patent Litigators Central to Wide Range of Commercial Disputes
Ocean Tomo Financial Experts Michelle J. Avery and Nicole McTernan joined Ocean Tomo Management Consulting group’s Drew Sills to author an article for IAM focused on Why Patent Litigators are Central to a Wide Range of Commercial Disputes. In their article, the team explores a “fundamental shift in commercial litigation, with Intellectual Property (IP) strategy, […]
IP Transaction Ecosystem – Update on Market Activity
Ocean Tomo Chief Executive James E. Malackowski will join the Greater Washington DC Chapter of the Licensing Executives Society (LES USA/Canada) for their monthly meeting and webinar on Thursday, September 9, 2021, from noon to 1:00 pm EST. The event is free to LES members. Non-members can contact [email protected] for registration details. Jim’s presentation will […]
5 Years of Defend Trade Secrets Act
Today marks five years since the passage of the Defend Trade Secrets Act, which grants parties the right to pursue trade secret claims and damages in federal courts instead of only state courts. While damages available to a plaintiff under federal law are similar to damages under state law, Ocean Tomo financial damages testifying expert […]
Ocean Tomo China IP Litigation Update Part 2
Glenn He of Ocean Tomo China shares an update on 2020 Chinese IP Courts and insight from case rulings with global impact. The official Chinese annual court report is traditionally published in April each year, corresponding to World IP Day. In 2020, Beijing courts reported 66,000 civil and administrative IP cases. As compared to 2015, […]
Ocean Tomo China IP Litigation Update Part 1
Glenn He of Ocean Tomo China shares a legal update focused on the 2020 Amendment to Chinese Patent Law, the formation of a new Chinese IP Court and trade secret guidelines. On October 17, 2020, the Standing Committee of the National People’s Congress passed the 4th amendment to the Patent Law, which will become effective […]