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Monday, July 20, 2009 9:17:35 AM
See the last paragraph of:
http://library.findlaw.com/2000/May/1/127584.html
"To protect itself, given the current state of the law, a creditor seeking a security interest in a patent might wish to formulate the security interest as an assignment and record it at the PTO and at the appropriate state offices in accordance with Article 9 of the UCC. However, the creditor undoubtedly would want to structure the transaction to ensure that as the title holder, it would not assume the responsibilities of patent ownership, such as the prosecution of patent infringements."
Any legal analysis I post is not a formal legal opinion and may not be relied on by anyone for any purpose. If you want legal advice you can rely on, hire a lawyer.
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