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23 October 2015Patents

LES 2015: Five sessions to watch out for

WIPR assesses five of the best sessions at the LES 2015 Annual Meeting, which is taking place in New York from October 25 to 28.

What: Cost, market, income—valuation frameworks for licensing

When: Sunday, October 25—14:00 to 17:00

Who: Robert Goldman, Charles River Associates; Chris Schulte, 284 Partners

Titled “What is it worth?”, this workshop examines how to provide a framework for evaluating IP valuation questions.

Through demonstrations, group discussions, and case studies it aims to focus on how licensing executives can employ a combination of the cost, market, and income approaches to conclude a valuation.

There will also be discussions about the theories underlying the approaches to tackling IP licensing, as well as mitigating information shortfalls.

So, what is it worth? Come to the workshop and find out!

What: Plenary session—big money is back

When: Monday, October 26—09:00 to 10:30

Who: Orin Herskowitz, Columbia Technology Ventures; Tom Heyman, Johnson & Johnson Innovation; Patrick Patnode, GE Ventures and Healthymagination; James Sledzik, Energy Ventures US

How is money changing the financial climate for innovation?

This cross-industry panel of experts will discuss how money is affecting innovation. The session will discuss what stakeholders are doing and how investment and licensing are shaping innovation.

What: Post-grant proceedings as the new frontline: impacts and future trends of legislation and case law on licensing and innovation

When: Tuesday, October 27—14:00 to 15:15

Who: Karl Fazio, Pearson; Steven Klocinski, MasterCard; Scott Marty, Ballard Spahr; Paul Richter, Kenyon & Kenyon

To date more than 1,000 petitions for post-grant proceedings have been filed, mostly by defendants in co-pending patent infringement actions.

And recently organisations tied to private funds have been seeking to invalidate patents covering pharmaceutical products.

The panel, which includes Steven Klocinski of MasterCard and Paul Richter from law firm Kenyon & Kenyon, will address relevant and current trends in post-grant review and case law, as well as how universities and corporations are responding to these changes.

What: Licensing standard-essential patents

When: Wednesday, October 28—10:45 to 12:00

Who: Roberto Dini, president, LES Italy (moderator); Carter Eltzroth, DVB Project; John Paul, Finnegan, Henderson, Farabow, Garrett & Dunner

Speakers on this panel are Carter Eltzroth from broadcast consortium company DVB Project and John Paul from law firm Finnegan.

They will discuss factors currently being considered when defining a fair, reasonable and non-discriminatory royalty rate and the ways patent pools and standard-setting organisations can work together to address licensing and payments in a more efficient way.

The session will also discuss the enforcement of standard essential patents to avoid distortions on the market, such as the use of injunctions against any unwilling licensees.

What: Improv theatre: when good deals go bad—a look at trade secrets

When: Wednesday, 28 October—10:45 to 12:00

Who: Louise Levien, ExxonMobil Upstream Research Company; Ada Nielsen, Foodexus; John Somich, BP

This is billed as a “theatrical performance” that will focus on trade secrets and how, when treated improperly, they can lead to a good deal going bad.

Panel members are expected to play different roles of parties involved in an agreement, with the aim being to demonstrate how trade secrets can be inadvertently disclosed even when the best processes are in place to protect them.

As is the theatre tradition, break a leg!

The  LES 2015 Annual Meeting is taking place in New York from October 25 to 28 at the New York Marriott Marquis. WIPR will be attending so if you spot one of our team please stop and say hello!

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