The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 02, 2007
Filed:
Dec. 17, 2004
Applicant:
David H. Tannenbaum, Dallas, TX (US);
Inventor:
David H. Tannenbaum, Dallas, TX (US);
Assignee:
Union Beach, L.P., Dallas, TX (US);
Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2006.01);
U.S. Cl.
CPC ...
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.