company A issue company B for$500000 in relation to a breach of copyright. company b produced designer clothes identical to those for which company A holds legal rights, without permission and without paying company A for permission to use the designs. legal experts have advised company A that it has a strong case and that there is a 50% likelihood that company B will be required to pay damages, although these are estimated at 400000.

explain whether the potential damages receivables for company A would meet the definition and recognition criteria of an asset , applying the principles in the proposed framework(2018 conceptual framework)