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Drafting Of Royalty Clauses: 30 Ways To Head For Windfall Or Pitfall

Erik VerbraekenIFP Energies, Nouvelles, Associate Director, Contracts Division, Rueil-Malmaison, France After a lengthy and difficult commercial negotiation, licensor and licensee have finally succeeded in finding an agreement. They have agreed on the business principles that are to govern the exclusive license that the licensor will grant to the licensee with respect to a very promising […]

The Classic 25% Rule And The Art Of Intellectual Property Licensing

Robert GoldscheiderThe International Technology Network, Chairman, Delray Beach, Florida, USA Fifty years ago, Robert Goldscheider helped pioneer the use of a methodology known as “the 25% Rule,” a tool for determining reasonable royalties in intellectual property licensing negotiations. The Rule holds that licensees of intellectual property normally deserve the lion’s share of the profit because […]

Students from Lund University, Sweden Win $5,000 Global Award from the Licensing Executives Society International

Student Start-Up ShieldHeart Invents Device to Minimize Deadly Complications Associated with Negative Pressure Wound Therapy Systems    LONDON, June 7, 2011– Student entrepreneurs from Lund University, Sweden received the $5,000 Licensing Executives Society International (LESI) Global Award for their start-up company, ShieldHeart which has developed a protection device technology platform to ‘shield’ vital organs, blood vessels and […]

FEDERAL CIRCUIT REJECTS USE OF 25% RULE OF THUMB

FEDERAL CIRCUIT REJECTS USE OF 25% RULE OF THUMB by Russell Levine (Partner, Kirkland & Ellis LLP) Note: The views expressed herein are Mr Levine’s personal views and should not be attributed to Kirkland & Ellis LLP nor any of its clients.             On January 4, 2011, the United States Court […]

Graduate Student Business Plan Competition, 2010

Winners of LES Foundation’s 2010 Business Plan Competition ring closing bell at Nasdaq The Graduate Student Business Plan Competition was created in 2004 by LES Foundation, an initiative of LES USA/Canada. In 2008, through partnership with LESI, the competition grew quickly and became global. Today, the Competition has a reputation for being a world-class event emphasizing […]

New IPR survey by DG Trade

After similar exercises in 2003 and 2006* the Commission recently launched a new survey regarding IPR protection and enforcement in third countries (relevant from a EU trade policy perspective), targeting in the first place EU companies established or operating in third countries. The survey can be accessed at http://ec.europa.eu/yourvoice/ipm/forms/dispatch?form=IPRsurvey2010. The replies to this survey will be […]

Certified Licensing ProfessionalTM (CLP) Board of Governors to Offer Limited “Grandfathering” Period

ntroduced in 2007, the CLP certification is a professional credentialing program intended to recognize those who have demonstrated experience, proficiency, knowledge and exposure to licensing, technology transfer, or commercialization of intellectual property through involvement in patenting, marketing, valuation, IP law, negotiation, and intellectual asset management.   Nearly 800 individuals have earned the CLP certification.     In 2007, a […]

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