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:
May. 12, 2009
Filed:
Aug. 13, 2003
Jeffrey S. Lange, New York, NY (US);
Jonathan M. Lewis, New York, NY (US);
Steven M. Shapiro, New York, NY (US);
Jeffrey S. Lange, New York, NY (US);
Jonathan M. Lewis, New York, NY (US);
Steven M. Shapiro, New York, NY (US);
JJS IP Holdings LLC, New York, NY (US);
Abstract
One embodiment of the present invention provides a means of securitization of life settlement contracts using a method of stripping the death benefit asset from the premium liabilities by producing a Stripped Collateralized Life Settlement Obligation. Another embodiment of the present invention provides a means of securitizing life insurance contracts using a method of stripping the death benefit asset from the premium liabilities by producing a Stripped Collateralized Life Insurance Obligation.