28 November 2005
An international seminar on Intellectual Property Valuation was held at Al Bustan Rotana Hotel in Dubai on November 27 and 28, 2005. The two-day seminar was organized by Federation Internationale Des Conseils En Propriete Industrielle (FICPI) and Licensing Executives Society - Arab Countries (LES-AC), and sponsored by Abu-Ghazaleh Intellectual Property (AGIP), this seminar was attended by about 120 experts, IP owners and lawyers, from several countries and inaugurated by Mr. Talal Abu-Ghazaleh.

The seminar focused on the valuation and pricing methods relating to Intellectual Property, with specific reference to the Arab World.

The speaker line-up included such internationally renowned leaders on the topic of Intellectual Property Valuation in the World notably, Dr. Ulrich Moser, Partner in Ernst&Young's , Dr. Heinz Goddar, Partner of Boehmert & Boehmert, Ingo Bruckner, attorney at Daimler Chrylser AG, Danny Huntington, Partner in Bingham McCutchen, Waleed Hashem, Executive Director of Abu Ghazaleh &Co in Abu Dhabi and Ehab Dawoud, Financial Controller of Abu Ghazaleh Intellectual Property.

Mr. Abu-Ghazaleh called in his closing speech for:

  • A global consensus of experts on IP valuation and financial reporting theme is needed.

  • It is recommended that ASIP/ ASCA & ESAC call for a workshop of experts to start the process.

  • Experts for the IPR, legal and accountancy professions are to be invited to the workshop.

  • The following, at least, are to be also invited:

    a. PACOB, FICPI, LESI, AIPPI, AIPLA, INTA, USPTO, JPO, EPO, IPO, OHIM, UNICE etc...
    b. IFAQ, ICC, AICPA, ACCA, NACVA, etc...
    c. ABA, Law associations
    d. IP Assets owners
    e. IP Firms & Accounting Firms

  • It is expected that the workshop will elect a TF to undertake work on:

  • Valuation methodology and policy.

  • Accountancy standards related thereto including presentation

  • Auditing standards related thereto including reporting.

    -Ends-

    • © Press Release 2006