Ryan Penkowski is an experienced valuation consultant. Ryan quantifies economic damages in litigation, including reasonable royalties, lost profits, and profit disgorgement. Ryan also helps clients develop licensing and other business strategies.
Ryan specializes in valuing intellectual property. He has valued IP related to numerous technologies, including consumer electronics, smartphones, telecommunications networks, semiconductors, software, medical devices, and pharmaceuticals. He has consulted for Fortune 500 companies, SMEs, individuals, and government entities.
Ryan has consulted on high-profile disputes in U.S. district courts, state courts, the U.S. International Trade Commission (ITC), the U.K. High Court of Justice, and arbitration. These disputes have involved claims of utility patent infringement, design patent infringement, copyright infringement, trademark infringement, breach of contract, and unjust enrichment, among other claims. Ryan also consults on antitrust and commercial success matters.
Ryan has been at the forefront of valuing standard-essential patents (SEPs) in the fair, reasonable, and non-discriminatory (FRAND) licensing context. For example, Ryan analyzed FRAND royalties for SEPs in several high-stakes licensing disputes involving industry-leading mobile device, network equipment, and semiconductor companies. Outside of litigation, Ryan has assisted clients with licensing 2G, 3G, and 4G LTE cellular SEPs and other IP.
Ryan applies best practices when valuing IP and other assets. For example, he has applied the Cost, Market, and Income approaches and Georgia-Pacific and Panduit frameworks when appropriate. Ryan has extensive experience deriving royalty rates from comparable licenses, including complex transactions containing cross-licenses and non-cash elements.
Ryan holds a Master of Accounting, with High Distinction, from the University of Michigan, and a B.S., Management from Case Western Reserve University. He has published several articles on contemporary issues in IP valuation and is a former member of the American Bar Association’s IP Law Section.
Ryan is a Chartered Financial Analyst (CFA) Level II Candidate (2021 exam) and is working towards obtaining his Certified Public Accountant (CPA) license in the State of California.