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9th Circuit Eases Use of IP to Back Loans
Posted by Ernest Miller on Wednesday, September 18 @ 19:52:31 EDT
Contributed by Anonymous (Name Withheld on Advice of Counsel)
Copyright
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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