Joel Wacek, Principal, Hoffman Alvary & Company LLC to Speak at Knowledge Group's' LIVE Webcast

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  • New York, NY (1888PressRelease) September 06, 2016 - Event Summary:
    Several recent cases have provided some guidance on what courts will accept in the calculation of reasonable royalties. In Summit 6, LLC v. Samsung Electronics Co., Ltd., the CAFC accepted a valuation of a patented feature based upon the frequency with which the product was used. In VirnetX v. Apple the CAFC stated that apportionment may be needed below the level of the "smallest salable unit," when multiple patents or technologies read on that unit. Ericsson v. D-Link addressed issues of "royalty stacking" and the need to attribute to a standard essential patent only the incremental benefits of the technology described in the patent, excluding the value of the standard itself. CSIRO v. Cisco provides some guidance on the use of real-world comparable licenses in determining a reasonable royalty and the appropriate royalty base.

    Key topics that will be addressed by the panel include:

    The Use of Surveys and Patent Citation Analysis in Patent Cases
    Determining ongoing royalties for post-verdict infringement
    Update on the Entire Market Value Rule: Recent Federal Circuit and District Court Decisions
    Comparability/Admissibility Issues Pertinent to Patent Damages
    Enhanced Damages: The Supreme Court Weighs In On The Tortured History Of Remedies For Willful Infringement, And The Practical Impact Of Halo

    About Joel Wacek
    Joel Wacek is a Principal of Hoffman Alvary. His practice focuses on financial, economic, and accounting analysis in connection with disputed matters focusing on intellectual property infringements, contract breaches, and trade secret misappropriation. Mr. Wacek has more than a decade of experience in intellectual property valuation and licensing analyses, and providing expert witness services related to damages calculations.

    Mr. Wacek's experience includes providing expert testimony, preparing expert reports and assisting counsel in preparing for depositions and trial examinations. Mr. Wacek continually monitors the developing changes in patent damages case law to inform his complex damages analyses involving lost profits, reasonable royalties and price erosion.

    Mr. Wacek holds an M.B.A. and a Masters of Science in Finance from the Carroll School of Management at Boston College, and a B.A. in both Economics and History from Boston College. He is a Certified Licensing Professional, and a member of the Licensing Executives Society and International Trademark Association.

    About Hoffman Alvary & Company
    Hoffman Alvary & Company is a consulting firm providing independent advisory services to law firms, their clients and other institutions worldwide.

    The firm's Intellectual Property and Valuation Consulting practices assist companies and their counsel in a broad range of areas including expert witness testimony, licensing matters, valuations and general business consulting. The firm's principals are experienced in determining and testifying to the amount of damages arising from the infringement of intellectual properties, and as well as in analyzing financial, accounting and economic issues in investigations before the International Trade Commission.

    The firm's Law Firm Consulting practice focuses on management consulting to major law firms throughout the United States, Canada, the UK and Europe, and works regularly with nearly half the AmLaw 100 and AmLaw Second Hundred firms in their strategic and tactical considerations.

    About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
    The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.

    The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries.

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