Method for providing property rights based guarantees

Details Method for providing property rights based guarantees Method for providing property rights based guarantees

2007-01-02

2007-01-02

Chilcot, Jr., Richard E. (Department: 3692)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S038000

Reexamination Certificate

active

11015479

ABSTRACT:
There is disclosed a method of supporting a financial transaction involving an owner of IP rights. A potential guarantor evaluates the IP rights to determine a guarantee value thereof. The guarantor then provides a pledge to pay to a named party the determined guarantee value in exchange for the guarantor receiving ownership of the IP rights in the event of a default of the financial transaction. In one embodiment, a third party provides payment even prior to any such default occurring.

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patent: 2004/0059658 (2004-03-01), Sosville
patent: 2004/0186805 (2004-09-01), Gologorsky et al.
patent: WO 03/098508 (2003-11-01), None
Molecular Diagnostics Announces Retirement of Debt Instrument and Definitive Agreement; Business Wire. New York: Dec. 23, 2002.
Green, Phillip L. Sound Content Management Starts at the Local Level. Information Today. Medford: Jun. 2003. (4 pages).

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