Intellectual Property As Property / IP Rights Transfers

Assignments and Recordals and Security Interests in Intellectual Property

Assignments and Recordals

When ownership of a corporation, product, or service changes, it is vitally important that the change be recorded correctly and promptly in order to establish proof of current ownership and, in most instances, to protect the validity of the patents, trademarks, and copyrights involved. Ladas & Parry's Mergers, Acquisitions & Licensing Group specializes in the preparation and filing of documentation to record assignments, mergers, and changes of company names against patent and trademark rights on worldwide basis. This unique area of expertise has resulted in our firm being engaged by clients in various industries to effect recordal of assignments, mergers and changes of name against worldwide patent and trademark portfolios in the most cost-efficient manner possible.

Security Interests in Intellectual Property

It has become increasingly common for borrowers to offer their patents, trademarks, and copyrights as security to collateralize business loans and to assist in debt restructuring - either in mergers and acquisitions or in liquidations and reorganizations. Our firm advises lending institutions, corporate counsel, and borrowers on the creation, perfection and enforcement of security interests in intellectual property portfolios used for collateral and on the strength of such portfolios. In fact, Ladas & Parry was one of the leading law firms to recognize and capitalize on the hidden value of intangible assets as collateral. One of the partners in our New York office was co-author and co-editor of The New Role of Intellectual Property in Commercial Transactions, a ground breaking book released in the early 1990's dedicated exclusively to the use of intellectual property as collateral throughout the world.

The following articles dealing with Intellectual Property Transfers are available on-line:

Transfer of Intellectual Property Upon Merger or Acquisitions - A comprehensive analysis of the legal and business components surrounding the purchase and sale of intellectual property rights throughout the world.

Closing the Deal - Identification and discussion of closing and post-closing issues related to the purchase and sale of intellectual property rights.