Seminar on UNCITRAL and security rights in IP

As previously reported on the IP Finance weblog, work has been continuing on a Draft Supplement to the UNCITRAL Legislative Guide on Secured Transactions dealing with security rights in intellectual property, as revised further to the April-May 2009 session of the UNCITRAL Working Group VI (Security Interests) and the approval of the insolvency discussion by the UNCITRAL Working Group V (Insolvency Law) at its May 2009 session. This Draft Supplement forms the basis for discussions at the next session of Working Group VIwhich is coming up very soon (Vienna, 2-6 November 2009).

As an aid to better understanding of the proposed Supplement and the practical issues which it raises for both lenders and IP borrowers, IP Finance has announced a seminar from 2pm to 6pm on 14 October 2009 at the London office of Olswang LLP (here). Spiros Bazinas (Senior Legal Officer, UNCITRAL's International Trade Law Division) has kindly agreed to address the seminar, following which a panel comprising both financial and IP interests will comment. There will then follow a question-and-answer session in which all participants will be invited to seek explanations and clarification. To aid the smooth running of the seminar, all who attend will receive two 4-side memos, one written from the perspective of the lender, the other from the perspective of the IP sector, which will crystallise the issues.

Professor Graham Penn, a banking partner in Sidley Austin LLP with particular expertise in securitisation, will chair the seminar and the panellists (for which the final list is still being finalised) include Mark Bezant (FTI Consulting), Nigel Page (Financial Editor, Intellectual Asset Management) and Ben Goodger (Rouse Legal).  There's no admission charge but, if you'd like to attend, please email Sandra Holloway here. If you want to read up on this topic, all the publicly available UNCITRAL documents on the subject can be accessed here.  For those who attend, 2.45 CPD points are available (ref. DIY/OLSW).