Survey Shows Massive Royalty Underreporting

Law360, New York (March 27, 2006, 12:00 AM EST) -- The vast majority of patent licensing agreements lead to underreported royalties worth billions of dollars, a survey of royalty streams conducted by a data research group has shown. According to the researchers, pinpointing the problem early could save a lot of time and money wasted on litigation.

The study, by Maryland-based IP management firm Invotex Group, showed that a staggering 88% of licenses have underreported royalties. With annual IP licensing revenue in the United States estimated at more than $120 billion, unrealized revenue from the agreements...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.