In a matter involving misappropriation of trade secrets related to software tools used in the healthcare industry, Syntel Sterling Best Shores Mauritius Ltd. v. Trizetto Grp., Inc., 68 F.4th 792, the Court of Appeals for the Second Circuit’s (“Second Circuit”) Order identified factors that may guide the recovery of damages based on avoided costs under […]
Misappropriation
Trade Secrets Reasonable Measures
As reflected in the Ocean Tomo Intangible Asset Market Value study, intangible assets are now responsible for 90% of all business value, much of which is represented by registered Intellectual property (IP) – patents, trademarks and copyrights. Beyond these registered IP rights, other intangible assets would include trade secrets (which are sometimes called “know-how” or […]
ITC to resume in person Section 337 Hearings in September
On September 29, 2022, the United States International Trade Commission (ITC) announced a return to in person hearings, including Section 337 Investigations. Section 337 investigations conducted by the ITC often involve claims regarding intellectual property rights including allegations of patent infringement, trademark infringement, and trade secret misappropriation against goods being imported into the United States. […]
Ocean Tomo’s Robert McSorley named Co-Chair for the Illinois Intellectual Property Alliance
Ocean Tomo Managing Director Robert McSorley, JD, CPA has been named the co-chair for the Illinois Intellectual Property Alliance (ILIPA) membership committee. The ILIPA highlights key events of interest to Illinois creator, protectors, and enablers of intellectual property. It also supports programs that improve the education and awareness of intellectual property including the Chicago Science […]
New Managing Director Robert McSorley
Ocean Tomo is pleased to announce the promotion of Robert McSorley, JD, CPA to Managing Director in Ocean Tomo’s Intellectual Property Disputes Financial Experts practice out of the firm’s Chicago headquarters. This practice area quantifies financial damages arising from intellectual property disputes and provides general litigation support. Mr. McSorley has 30 years of experience addressing […]
New Managing Director Alexander Clemons
Ocean Tomo is pleased to announce the promotion of Alexander Clemons, JD, MBA to Managing Director in the firm’s Financial Experts Intellectual Property Disputes practice out of the firm’s Chicago headquarters. This practice area quantifies financial damages arising from intellectual property disputes and provides general litigation support. Prior to joining Ocean Tomo, Mr. Clemons worked […]