The subject will focus on two types of financing for innovation using intellectual property assets. For IP-backed securitization, the subject will examine the structure of securitization, the royalty streams from licensing of intellectual property, the business risks and legal challenges. For secured financing, the class will learn about U.S. approaches to the use of different types of intellectual property available as collateral in financing. We will read relevant provisions of the U.S. Uniform Commercial Code, Article 9. We will analyze several court decisions relating to the use of intellectual property as collateral in secured financing. We will also compare U.S. law to Australian law on personal property securities.

Subject rules