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:
Apr. 22, 2014
Filed:
Feb. 25, 2008
Gerald F. Topitzer, New York, NY (US);
John C. Barone, Brewster, NY (US);
Gerald F. Topitzer, New York, NY (US);
John C. Barone, Brewster, NY (US);
JPMorgan Chase Bank, N.A., New York, NY (US);
Abstract
A system and method for hedging risks in commercial leases is disclosed. In one particular exemplary embodiment, a method for hedging risks in a commercial lease may comprise: receiving information related to a lease agreement between a lessor and a lessee, the lease agreement calling for the lessor to lease an asset to the lessee for a period of time in return for lease payments; estimating potential losses that the lessor will suffer if at least one credit event causes the lessee to default on the lease agreement; and providing the lessor a put option, whereby, upon the at least one credit event, the lessor can choose to sell a claim against the defaulting lessee at a strike price, the strike price being an amount that varies based at least in part on the estimated potential losses and the time at which the lessee defaults.