Ocean Tomo Managing Director Kevin Tullier and Manager Caroline McGrath explore Insurance Company Failures. Ocean Tomo’s bankruptcy professionals have assisted management, state insurance departments and their respective counsel as they worked through the complexities of a failed insurance company, including some of the largest insurance insolvencies in history. These matters often involve assertions regarding the […]
Breach of Contract
Why Patent Litigators are Central to a 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 IP strategy, policy and […]
New Managing Director Alexander Clemons
Ocean Tomo is pleased to announce the promotion of Alexander Clemons, JD, MBA to Managing Director in the firm’s Financial Experts Intellectual Property Disputes practice out of the firm’s Chicago headquarters. This practice area quantifies financial damages arising from intellectual property disputes and provides general litigation support. Prior to joining Ocean Tomo, Mr. Clemons worked […]
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, […]
An Example of a Plaintiff’s Damages Dilemma
An Arbitration Tribunal of the International Centre for Dispute Resolution recently rejected a counter-claimant’s request for $219 million for an alleged breach of contract due, in part, to inconsistencies within its damages claim. Nomir Medical Technologies, Inc. (“Nomir”) contracted with Selex Galileo, Inc. (“Selex”) in 2014 to have Selex develop and conduct human testing of […]
Expert Testimony Insights on Technology Breach of Contract
Ocean Tomo has seen an increasing number of engagements involving asserted breach of contract / license by patent owners against their once promising commercialization partner. These matters generally involve a claim that the licensee failed to use reasonable efforts to meet forecasts or other milestones required by contract. As a merchant banking firm expert in […]