IAM Publishes Article by Dave Kappos on Global FRAND Rate‑Setting

On April 7, 2026, Intellectual Asset Management (“IAM”) published an article written by Cravath partner David J. Kappos and associate Noa M. Ma entitled, “Why Global FRAND Rate‑Setting Must Require SEP Owner Consent.” The article discusses why courts should only set global FRAND royalty rates with patent owner consent, arguing that forced rate‑setting risks undermining the balance of rights that underpins SEP licensing.