Introducing MIPSA: The ABA Model IP Security Agreement
Streams live on Wednesday, November 02, 2016 at 12:00pm EDT
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.
- Understand the various forms of IP and how rights in such IP may be secured
- Review typical friction points in IP security agreements
- Discuss the key provisions of the MIPSA
- Address common points of negotiation
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