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Chint - China’s IP Wisdom?<br />

(cont.)<br />

In 2009<br />

– China’s top 10 home appliance (TV) manufacturers<br />

retained <strong>Foley</strong> & <strong>Lardner</strong> and Scihead as preferred<br />

legal service providers to represent them in<br />

international and domestic IP matters.<br />

©2009 <strong>Foley</strong> & <strong>Lardner</strong> LLP<br />

Damages<br />

Medium damage awarded is ~15% of the IP<br />

owner’s damage claim 1<br />

Damage claims made by IP owners are already<br />

low compared to the US and compared to the<br />

degree of harm caused 1<br />

Statutory damages that can be awarded by a<br />

court has been increased from 500K RMB to 1M<br />

RMB (~$146K)<br />

1 “Intellectual Property Rights Protection in China: Trends in Litigation and Economic Damages,” NERA,<br />

http://www.nera.com/Publication.asp?p_ID=3693 Last accessed Oct 6, 2009<br />

©2009 <strong>Foley</strong> & <strong>Lardner</strong> LLP<br />

41<br />

42<br />

21

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