Profit Participation and Royalty Audits

The financial terms of the deal are set, so now what? This session will bring together a transactional attorney, litigator and profit participations auditor who will cover the core elements of a typical contractual audit provision, as well as walk through the audit process, types of issues found, and how the audit results can guide or impact future negotiations. In addition to providing suggested wording and terminology, this panel will share practical considerations from their experience with recent issues for high-profile clients from both an accounting and legal point of view.