Ocean Tomo has developed the Patent Risk Program to identify, quantify, mitigate, manage, and transfer liability risks related to potential assertions of patent infringement. Through various novel mechanisms, the program aims to sharply reduce the risks faced by operating companies from patent infringement claims and shareholder litigation.
Unlike current patent infringement-related products, which address patent risks in a serial fashion (simply one patent at a time), the Patent Risk Program is the first and only comprehensive risk management solution available. Meant to counter potential claimants and improve upon today’s inadequate patent infringement insurance products, the Program is an innovative and dramatically more complete, efficient and effective insurance solution.
Ocean Tomo’s License Compliance is aimed at improving client revenue streams related to licensing arrangements. During resource allocation, organizations often overlook the importance of monitoring compliance with contractual arrangements; understated revenues linked to licensing arrangements are frequently missed, and license management – the controls and procedures necessary to facilitate accurate royalty reporting – is all but neglected. These disregarded mechanisms are nonetheless vital for both increasing returns on research and design and for enhancing an organization’s shareholder value.
Ocean Tomo License Compliance allows clients to harness the power of their intellectual property by securing compliance with licensing and other business arrangements, and by creating procedures to manage revenue payments and attract additional licenses. The program encompasses a complete package of strategic license portfolio monitoring and auditing.
Drawing professionals from each of its business units, Ocean Tomo’s Corporate Recovery and Restructuring Advisory (CRRA) division combines industry-leading IP market expertise with decades of traditional financial restructuring experience. The division serves corporations, financial institutions, and investment managers impacted by credit and economic crises. Ocean Tomo also works closely with a limited number of traditional financial restructuring firms to present joint solutions.