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Houston Chapter Event: Impact of Recent Court Cases on "Real World" Royalty Rates
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Expert Panel Discussion and Networking Reception

7/20/2017
When: Thursday, July 20, 2017
5:00-7:30 p.m.
Where: HESS Club
5430 Westheimer Rd
Houston, Texas  77056
United States
Contact: Chris Johnson
(713) 487-8835


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Impact of Recent Court Cases on "Real World" Royalty Rates
Expert Panel Discussion and Networking Reception

Date/Time:

Thursday, July 20, 2017

5:00-7:30 p.m. 

Location:

HESS Club
5430 Westheimer Rd
Houston, TX  77056 
(See below for directions and parking information.)

 

Heavy hors d'oeuvres, wine, and beer will be served 

Registration:

Through July 13:
LES Member: $30.00
Non-Member: $45.00
LES Student Member: $10.00 

After July 13:
LES Member: $40.00
Non-Member: $55.00
LES Student Member: $20.00
 

Presentation:

Recent court decisions have generally reduced awards of reasonable royalty damages in patent litigations. These recent decisions address topics such as what is patentable subject matter, when injunctions should be issued, when attorney fees can be recovered and how royalty bases used in royalty calculations should be determined. How and to what extent have (or should have) these decisions impacted royalty rates negotiated in the "real world"? Come network with your fellow licensing professionals and hear a distinguished panel of experts discuss this important question from a variety of perspectives including litigation, transaction and industry licensing.

This presentation qualifies for 1.5 hours of MCLE credit.

Panelists:   

Bailey Benedict
Attorney
Fish & Richardson PC

Bailey Benedict is an Associate in Fish & Richardson’s Houston office. Bailey’s practice focuses on patent litigation in Federal District Courts in a wide variety of technology areas including consumer goods, chemicals, pharmaceuticals, geographic information services, software, and equipment for oil and gas drilling and exploration. She also has significant experience with trademark and trade dress litigation in the field of consumer goods; specifically, rotationally molded coolers and vacuum sealed stainless steel drinkware. Her litigation experience includes numerous appeals before the Federal Circuit. Bailey also has significant experience with multi-defendant litigation and large joint defense groups.
Bailey also devotes her time to pro bono matters, including working with KIND (Kids In Need of Defense) to help children remain in the United States legally.
Before joining the firm, Bailey was an Intern for the Honorable Justice Dale Wainwright of the Supreme Court of Texas. Before entering law school, Bailey worked as an Advanced LSAT instructor for Kaplan, Inc., and an Engineering Intern for Goodrich Corp., where she focused on materials analysis and process efficiency for creating extreme heat resistant components for military aircraft.

Jeff Dodd
Partner
Andrews Kurth Kenyon, LLP

Jeff Dodd has more than 35 years’ experience helping companies with their corporate, securities, intellectual property and technology transactions. Jeff’s clients range in size from Fortune 50 companies to emerging businesses. He offers critical experience in myriad industries and various transaction types, both in the United States and internationally.
Jeff has extensive corporate, securities and corporate finance experience. He routinely helps clients in all variety of diverse domestic and international corporate transactions, including public and private securities offerings, structuring and documenting joint ventures, corporate partnering and similar arrangements, private debt and equity financing transactions, structuring finance arrangements and vehicles, and advising on regulatory and compliance matters.
Jeff also serves as the co-chair of the firm’s global intellectual property and technology practice. Under Jeff’s leadership, the practice has grown to include 40 IP and technology transactions professionals. Jeff is the co-author of Modern Licensing Law with University of Houston Law Center Professor and former Dean, Ray Nimmer. The treatise covers all aspects of intellectual property licensing and has become one of the industry’s most respected publications on the topic. Jeff is routinely asked to write, speak and present on related topics.

Todd Schoettelkotte
President and Managing Director
IPFC Corp

Todd Schoettelkotte is President and Managing Director of IPFC Corp. with more than twenty years of experience as a financial consultant in a variety of litigation matters and disputes including intellectual property, breach of contract, business interruption, valuation, and general damage assessments. Mr. Schoettelkotte has significant experience assisting companies with complex financial accounting and litigation issues across many industries. He has performed numerous complex studies involving valuations, lost sales, lost profits, incremental profits, reasonable royalty, unjust enrichment, product line profitability, fixed and variable cost analysis, manufacturing and marketing capacity, cost claims, company financial performance and interest on damages. He has conducted complex studies of company’s accounting records, assisted companies and law firms in the identification of relevant financial information, developed damage claims and assisted clients with the development of damage alternatives and related case strategies. He has also participated in the identification, review and analysis of financial documents including projections, forecasts, business plans, market studies, contracts and license agreements. Mr. Schoettelkotte has been designated and testified as an expert in state and federal courts and in arbitration proceedings throughout the United States.

Moderator:  

Ronald Vollmar
Managing Director
Berkeley Research Group, LLC

Ronald Vollmar specializes in serving the oil and gas, retail financial services, and manufacturing sectors of the economy, with experience including the management of a wide variety of litigation, bankruptcy, valuation, audit, and internal control review engagements.
Mr. Vollmar's experience includes evaluating unjust enrichment arising from an alleged trademark infringement; evaluating lost profits arising from an alleged misappropriation of trade secrets relating to certain customer information; evaluating lost profits arising from an alleged breach of contract relating to accounting software; evaluating the reasonable royalties associated with the alleged misappropriation of trade secrets regarding a cathode material used in lithium ion batteries; and evaluating the lost profits arising from the alleged breach of a supply agreement for caustic soda. Further experience includes quantifying the reasonable royalty damages arising from the alleged misappropriation of trade secrets by an insurance company; evaluating the use of an investor’s funds by a promoter of oil and gas properties and conducting analyses of the rate of return attained by other investors in previous investments; determining economic damages arising from the loss of a contract due to the breach of contract with another party; and determining economic damages arising from the blowout of a natural gas well.

Directions/Parking:

The HESS Club is located in the Galleria area at 5430 Westheimer, about one mile west of Loop 610 between Yorktown and Chimney Rock. HESS is a low, freestanding building behind the much taller, white building.

Turn at the the blue HESS sign on the north side of Westheimer at a short street named Westheimer Way, just east of the large brown building.

Turn left at the HESS sign and drive through the portico of the HESS Club to an open air parking area.

If it is raining look for the underground parking area off Westheimer Way just before reaching the HESS portico. Enter HESS from the north end of the underground parking lot.


Registration
The Houston chapter uses online registration for members and non-members and accepts payment by credit card.  Members should login to the registration page with their LES online account.

 

Cancellations
A $5.00 cancellation fee is applied to all refunds.  Cancellations are non-refundable after July 13.  Substitutions will be accepted.  Contact LES at (703) 234-4058 for assistance.

 

Disability/Dietary Needs
Requests for ADA accommodations and special dietary needs should be submitted to the event contact listed at the top of the page. 

 

Photography Consent
By registering for this event, you permit LES and its chapters to use photographs of you with or without your name and for any lawful purpose, including for example such purposes as publicity, illustration, advertising, and web content.