The importance of intellectual property (IP) as collateral has kept pace with the accelerating importance of technology to borrowers. However, IP can be difficult to value and is subject to varying protection under federal and state law, creating a challenge for finance and IP lawyers to work together to protect clients. In the culmination of an effort stretching as far back as 2009, the ABA Commercial Finance and Uniform Commercial Code Committees recently promulgated a Model Intellectual Property Security Agreement (MIPSA) along with detailed commentary.
This course, presented by Barbara Goodstein (a partner in Mayer Brown’s finance practice) and Richard Assmus (a partner in Mayer Brown’s IP practice) reviews the issues that informed the creation of the MIPSA and considerations for its use.
Great presentation overall. IP part could have been more TM specific with examples.
Well done. Very informative and well presented.