Dorsey attorney Alicia Griffin Mills authored “Perfecting Security Interests in IP: Avoiding the Traps” for the September 2008 issue of The Banking Law Journal. The Uniform Commercial Code is discussed – namely the confusion surrounding whether to perfect security interests in intellectual property by recording under the Code or by recording with a federal agency.

“This article addresses what each recordation does and further addresses some considerations that arise pursuant to filings with the United States Patent and Trademark Office,” said Ms. Mills.

Ms. Mills discusses best practices in recordation and covers the following topics:

• Background information on security interests, collateral interests, and the Uniform Commercial Code (UCC)

• The perfection of security interests in patents

• The perfection of security interests in trademarks

• Filing with the USPTO

• Perfection of security interests in copyrights

To view the full article, click on the PDF link. Used with permission from The Banking Law Journal.