Page 7 - Intellectual Property Disputes

Contents

Chapter 1 — Introduction ................................................................................................................................... 6

Intent of the Practice Aid .................................................................................................................................... 6

Overview of the Economic Significance of Intellectual Property ...................................................................... 7

Overview of Traditional Forms of Intellectual Property .................................................................................... 8

Patent Overview .............................................................................................................................................. 8

Trademarks Overview ................................................................................................................................... 12

Copyright Overview...................................................................................................................................... 16

Trade Secrets Overview ................................................................................................................................ 19

Jurisdiction Summary ................................................................................................................................... 22

Chapter 2 — Calculating Infringement Damages ........................................................................................... 24

Introduction ....................................................................................................................................................... 24

Overview of Calculating Damages in Intellectual Property Disputes .............................................................. 25

Compensatory (Actual) Damages ................................................................................................................. 25

Unjust Enrichment as Damages .................................................................................................................... 26

Prejudgment Interest ..................................................................................................................................... 27

The Infringement Damage Calculation ......................................................................................................... 27

Chapter 3 — Lost Profits Damages ................................................................................................................... 29

Lost Profits ........................................................................................................................................................ 29

Availability of Lost Profits ........................................................................................................................... 29

Revenues in Lost Profits Calculations .............................................................................................................. 43

Measuring Revenues ..................................................................................................................................... 43

Costs and Profits in Lost Profits Calculations .................................................................................................. 56

Measuring Incremental Costs ....................................................................................................................... 56

Cost of Goods Sold or Manufacturing Costs ................................................................................................ 58

Gross Profits.................................................................................................................................................. 58

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