This practical guide offers a clear framework for selecting and applying methodologies to quantify monetary remedies in patent infringement matters. Designed to streamline complexity, it helps ensure economic experts deliver reliable, well-supported damages analyses.
Topics covered include:
- Statutory provisions governing monetary relief
- Choice between lost profits and reasonable royalty methodologies
- The lost profits methodology
- The reasonable royalty methodology;
- Defendant's profit methodology for design patents
- Apportionment
This book also serves as a toolkit, providing additional information on financial and economic concepts related to patent infringement claims. Topics covered include:
- The income statement
- Generally accepted valuation approaches
- Discount rates
- Prejudgment interest
- The relationship between purchase price allocations and royalty rates
Urbanchuk, Gregory J.: -
Gregory J. Urbanchuk is a Principal in the Forensics, Litigation and Valuation Services group and leads the Intellectual Property Services at Grassi. He has over 20 years of experience providing forensic, dispute, valuation and intellectual property consulting services in the United States, the United Kingdom and Europe. Previously, Greg worked for boutique, regional and national consulting firms, including Deloitte LLP in London.
Greg serves as an expert witness in complex commercial litigation in the areas of intellectual property, commercial damages and valuation. He has evaluated damages and testified in cases claiming patent, trademark and copyright infringement, the misappropriation of trade secrets and breach of contract. Greg has significant experience analyzing damages using lost profits, reasonable royalty and disgorgement theories of recovery. He has also testified on the value of intellectual property and businesses in shareholder, acquisition and bankruptcy disputes. He has qualified and testified as an expert witness in federal and state courts in the United States.
Outside of litigation, Greg values public and privately held businesses and intellectual property in connection with mergers and acquisitions, financial reporting, taxation and estate planning. He has significant expertise in the valuation of intellectual property, including patents, trademarks, copyrights, trade secrets, brands, license agreements, software and customer and vendor relationships, among others. Greg has also provided valuation services in numerous industries such as life sciences, healthcare, technology, consumer, manufacturing and financial services.
Greg's writing has been published in numerous publications, such as the Oxford Journal of Intellectual Property Law and Practice, Les Nouvelles, the International Company and Commercial Law Review, the Computer & Internet Lawyer and Intellectual Property Litigation. Outside of Grassi, Greg sits on the Board of Directors of the Demining Research Community, a nonprofit organization that researches and develops innovative uses of remote sensing and machine learning to improve the efficiency and safety of landmine and unexploded ordnance detection.
Greg received his Master of Science by Research with Distinction in international business from the University of London, where he authored a dissertation on patent enforcement rules and economic damage remedies. He holds a Postgraduate Certificate in economics from the University of London and a Bachelor of Science in accounting from Saint Joseph's University. Additionally, Greg holds the Certified Valuation Analyst designation awarded by the National Association of Certified Valuators and Analysts and is a Dispute Resolution Arbitrator with the Financial Industry Regulatory Authority (FINRA).
