This project was completed by Intensity. Intensity joined Secretariat on February 1, 2023.
A widely recognized designer, manufacturer, and seller of sporting goods with annual sales of over $1 billion required consulting services relating to golf putters. The company, whose products include golf clubs, golf balls, and related golf accessories, requested that valuations be performed relating to putter technologies and trade dress.
Intensity determined an economically appropriate royalty for the putter technologies in the marketplace. Specifically, Intensity analyzed the role of the putter technology in relation to drivers of product demand, the economic contribution of the technology, and the competitive environment. Intensity investigated all relevant aspects of the marketplace for the client, including royalty information from license agreements for similar technologies.
Intensity also provided an analysis of profits likely to be earned in relation to specific golf product trade dress, including color, shape, design, and overall consumer impression. This involved an evaluation of consumer familiarity with the putter products and value attribution to the relevant features.
New York and California Step Forward as Federal Enforcement Retreats
As federal regulatory priorities narrow under the Trump administration, state attorneys general and financial regulators are preparing to take on a more active role in white collar and securities enforcement. With the DOJ and the SEC recalibrating their focus, states such as New York and California are asserting their authority to fill gaps in corporate oversight.
Policy News and Stock Market Volatility
When it comes to explaining stock market volatility, the story is rarely straightforward. In their article Policy News and Stock Market Volatility for the Journal of Financial Economics, Director Kyle Kost and coauthors Scott R. Baker, Nicholas Bloom, and Steven J. Davis revisit Robert Shiller’s 1981 finding that stock market fluctuations cannot be fully explained by realized future dividends.
This article focuses on the two main dispute mechanisms under the Premier League’s Rules: disciplinary proceedings under Rule W and arbitration under Rule X. The article also looks at the role of experts in both sets of proceedings.