For our weekly SoCal IP Institute meeting on Monday, June 24th, 2019, we are pleased to welcome our guest speaker Thomas Neches.
Thomas Neches, CPA/ABV/CFF, CVA, CFE, shares his thirty-four years of trial testimony experience in a discussion of a patent infringement case in which he recently testified as plaintiff’s damages expert in USDC Santa Ana. The patented item was a lamp holder sold as a component of photo studio kits targeted to non-professional photographers. Issues covered in the course regarding Mr. Neches’ trial testimony include: (1) determining actual sales, but-for sales and lost sales of the kits; (2) allocating lost sales to functional units containing the patented lamp holder; (3) determining marginal lost profit attributable to lost sales of functional units, and (4) responding to defendant’s expert’s criticisms of Mr. Neches’ methodologies and assumptions. Spoiler alert: the jury awarded the exact amount of lost profits determined by Mr. Neches.
All are invited to join us on Monday June 24th, 2019, at noon in our Westlake Village office. This activity is approved for 1 hour of MCLE credit. If you will be joining us, please RSVP to Elisha Manzur by 9 am Monday morning.