Importance of Evaluating Defendant’s R&D Acceleration and Related Cost Savings More than six years have passed since President Obama signed into law the Defend Trade Secrets Act (“DTSA”) in May 2016. Since then, Federal trade secret actions have been on the rise, with an average of nearly 160 new DTSA cases filed each quarter since […]
Robert McSorley
Ocean Tomo’s Robert McSorley named Co-Chair for the Illinois Intellectual Property Alliance
Ocean Tomo Managing Director Robert McSorley, JD, CPA has been named the co-chair for the Illinois Intellectual Property Alliance (ILIPA) membership committee. The ILIPA highlights key events of interest to Illinois creator, protectors, and enablers of intellectual property. It also supports programs that improve the education and awareness of intellectual property including the Chicago Science […]
New Managing Director Robert McSorley
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 […]
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 […]
Illinois Intellectual Property Alliance Five Year Vision and 2021 Strategic Plan
Yesterday the Illinois Intellectual Property Alliance (ILIPA) held its’ inaugural retreat. During the session, the group of leading intellectual property market participants throughout the state of Illinois discussed a framework for a five-year vision for the organization focused on Education & Awareness-building, Ecosystem Development, Value Creation for the State of Illinois, along with near term […]
The Illinois IP Alliance Sponsors Discussion with Mr. Damiano Porcari, Mid-West Regional Director of the USPTO
The Illinois Intellectual Property Alliance (“ILIPA”) is a newly formed coalition that serves as a connecting hub for local and regional organizations and individuals to facilitate the creation, protection, and enablement of IP for the economic and social well-being of Illinois citizens. I recently attended the ILIPA-sponsored discussion with USPTO Regional Director Damiano Porcari, who […]