Intellectual Property Infringement & Royalty Fraud

Intellectual Property Infringement & Royalty Fraud can have untold impacts on a company’s revenues and profits, and in the worse–case scenario result in the founding of new competitors undermining a company’s USP. 

Case Study: Intellectual Property Infringement

A US based media company asked us to review the accounting records of a distributor in the Far East. We identified infringements in respect of the timing of payments, disclosure, and distribution agreements, in addition to understated royalties. The distributor was forced to undergo a thorough remediation process to retain the rights to distribute.

Case Study: Under-Reported Royalty Fraud

The Dutch entity of a multinational electronics company, asked us to carry out a forensic audit of the royalties declared by a licensee operating in Thailand and China. We undertook a review of the production and sales records of the licensee, and identified royalties had been significantly, and deliberately, understated by more than $250k.

Case Study– Intellectual Property Theft

A subsidiary of a NYSE listed company, wanted to assess the value of intellectual property infringement in Shanghai. We undertook covert investigations to identify counterfeit producers and sellers in Shanghai and provided a financial model reporting the potential impact on revenue to the client.

If you would like to speak to Opus Pear Tree about our services, please contact Nicholas Parton.