NEXT TASK FORCE MEETING:
The MIPSA Task Force generally meets monthly by teleconference on the third (3d) Wednesday of each month. Notices are sent to the Task Force Listserv, so please join the task Force to sign up! The Task Force also meets in person at the Business Law Section's Spring Meeting and Annual Meeting.
The next scheduled teleconference meeting is Wednesday, March 19, 2014:
• Date: March 19, 2014 (third Wednesday of each month)
• Time: 4:00 pm Eastern/3:00pm Central/2:00pm Mountain/1:00pm Pacific
• Toll Free Dial-in: 866.646.6488
• International Dial-in: +1.707.287.9583
• Conference Passcode : 9101063640
The most recent working draft (December 2013) of the Model IP Security Agreement is posted below. A revised draft will be distributed for discussion at the March meeting.
We will also be making plans for the Business Law Section's Spring Meeting in Los Angeles. As usual, the Task Force will be meeting jointly with the IP Financing Subcommittee of the Commercial Finance Committee. The joint meeting is currently scheduled for 3:00-4:30 pm (Pacific time) on Friday April 11, 2014.
Please join us to offer your opinions and suggestions. Thanks.
Report from 2013 ABA Annual Meeting
The Model Intellectual Property Security Agreement Task Force met jointly with the Intellectual Property Financing Subcommittee of the Commercial Finance Committee, on Friday, August 9, 2013 at the ABA Annual Meeting in San Francisco.
The Task Force reviewed a new draft agreement, in the reader-friendly format created by Howard Darmstadter, focusing on the various ways to address representations and covenants to be made by the debtor regarding the collateral. A copy of that draft (7/22/13) is posted on this website.We apologize for the technological glitches to those who joined (or tried to join) us by telephone.
Volunteers. We are still looking for volunteers to review particular sections or provisions and recommend language, especially for the defualt and remedies sections soon to be tackled. You can use the kiiac program, which lets you compare some 140 analogous language in other agreements, or use your own experience and/or other sample agreements. Please let us know if you can help!