The situation
We were asked to review the licensing management practices of several divisions of a government body with a large intellectual property portfolio, including 70 licence agreements.
The outcome
During the review process we identified several areas of non-compliance, including licensees’ underpayment of royalties and failure to pay minimum licence fees. We also made recommendations on how the drafting of contracts could be improved in the future. As a result of our work, our client recovered more than $300,000 in additional revenues.
