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.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.