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9th Circuit Eases Use of IP to Back Loans |
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Anonymous (Name Withheld on Advice of Counsel) writes "A unanimous decision written by Judge Andrew Kleinfeld (9th U.S. Circuit Court of Appeals) held that by filing a statement under California's Uniform Commercial Code, a party can perfect, or protect, its security interest in material that lacks a federal copyright.
The decision makes it easier for businesses to use intellectual property that isn't registered with the copyright office as collateral for bank loans.
You can find an article @
Law.com
by,
Michael Kanterakis & Steve Krishtul NEW YORK LAW SCHOOL"
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