Cravath partner Richard J. Stark participated in the Sedona Conference on Global Aspects of Patent Litigation, held in County Kildare, Ireland from November 19‑20, 2019. Rick spoke on a panel entitled “Global Litigation of Standard‑Essential Patent (SEP) and Fair, Reasonable, and Non‑Discriminatory (FRAND) Issues.” The panel discussed current issues in SEP‑related litigation, the consequences of FRAND obligations under traditional patent law damages and how to appropriately determine a FRAND rate spanning multiple jurisdictions. The panel also weighed in on how developing global case law is reshaping licensing and litigation strategies of patent owners and implementers.