"Touchstone: A basalt or slate rock used for assaying precious metals. Before accurate analysis was possible gold and silver was struck against the touchstone to test for quality against a known standard."

IPR Mortgages

November 17th, 2009

Working today on two different matters both related to taking a charge over intellectual property.  One constructed as a conditional assignment executable on default of payment the other as a full assignment and licence back for the term of the payment schedule with provisions for redemption and default.  Interesting to see that funders (one is a Business Angel the other a Bank) are keen to take registered IPR as security.  Makes the whole debate on establishing protocols for valuing IPR interesting.

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