Tag Archives: Morgan Stanley

BofA, JPMChase & Morgan Stanley are top banks for patent loans

Bank of America, JP Morgan Chase and Morgan Stanley are the currently leaders in patent-based lending, according to a recent update of a 2015 study.

Relecura, Inc., a California patent research and analysis company, reports that Bank of American had 60,093 transactions for a total market share of 16.87%. JP Morgan Chase had 45,304 transactions for a 12.72% market share. Morgan Stanley, which was number 11 on the 2015 list, came in at third in 2017 with 24,244 loans and 6.80% of all transactions.

The total number of transactions between 2011 to 2016 were 947,907, consisting of 356,287 applications.

Long History

There is along history of IP-backed bank financing. Businesses of all sizes and types have used it to raise money using patents, copyrights and trademarks as collateral. Distressed businesses tend to use it the most, perhaps when other sources of capital dry up.

In 2015, the key companies securing loans using patents include General Motors, Avago (now Broadcom Limited), Alcatel Lucent and Kodak.

JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, Wilmington Trust, and Deutsche Bank were the top banks doing IP backed financing deals. GE Capital also was an active lender.

Several governments have been major IP lenders, including the China Development Bank, which in 2014 pledged the equivalent of $1.3 billion USD agains a portfolio of 134 patent and 34 trademarks. Korea and Singapore have also been active IP lenders.

Most Active Borrowers

Key sectors doing the borrowing include software and hardware companies. Other active sectors employing IP backed financing include digital data processing, digital communication, IT methods for management, telecommunication, semiconductors, and television & video transmission.

An excellent infographic summary of bank lending on patents can be found, here.

For the full May 2015 presentation, go here.

Image source: Relecura, Inc.

Financial patent summit to focus on IP and cybersecurity, July 20-21

Fintech, or financial technology, is a rapidly growing industry with more than $15 billion of venture capital invested to date and even more on the part of financial institutions.

An array of banks, e-commerce businesses, product developers, and software companies are vying for a leadership role in financial transactions and cybersecurity.

Those interested in IP rights in the context of authentication and transactions should consider attending the 13th annual Patents for Financial Services Summit in New York at the Sheraton Times Square, July 20-21. Many of financial services’ leading patent holders and advisers will be present.

Major Players Attending

IP executives and counsel from top banks and services providers are participating this year, including those at Visa, Time Warner, Royal Bank of Canada, Barclays, TD Bank, Morgan Stanley, JP Morgan Chase, Google, Microsoft, AST, LoT and Red Hat.

Top patenting organizations: exchanges and stocks

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Patent and IP counsel from the financial services industry and patent attorneys from leading law firms will participate in this year’s Summit, says conference producer World Congress, “to discuss recent rulings and strategies to protect patents against NPEs, successfully file patent applications post-Alice, and foster innovation.’

IP CloseUp readers who use the conference code IPCNYC can save $100 off of registration.

New for 2016:

  • Updates on the Alice decision and understand its impact on patent applications
  • Discussion about prosecuting business method patents
  • Analyze recent patent cases including, Halo Electronics, Inc. v. Pulse Electronics; Stryker Corporation v. Karl Stroz Endoscopy-America, Inc.; Media Rights Technologies, Inc. v. Capitol One Financial Corporation, et al., and more
  • Hear in-house counsel views discuss pending legislation, including The Innovation Act, The Patent Act, and The Strong Patents Act
  • Evaluate their impact on PTAB and post-grant proceedings
  • Protect patents from NPEs and understand approaches to successfully defend against trolls
  • Improve patent quality and drive innovation within your organization
  • Explore the interplay between patents and cybersecurity

extThe Summit was approved in 2015 by the New York State Continuing Legal Education Board for 12.5 CLE credit hours in the areas of Professional Practice. In 2016, World Congress are programming for and anticipate approval for 13 CLE credit hours.

The full conference agenda can be found here.

For a list of speakers, go here. This year’s location is the Sheraton Times Square on Seventh Avenue.

To register, click here.

Image source: worldcongress.com; thomsonreuters.com

Financial patent eligibility and quality will be featured at Financial Services IP Summit, 7/22-23 in NYC

Legal executives from the leading banks and financial institutions, patent attorneys, outside counsel, prosecutors, judges and lawmakers will gather in New York July 22-23 to learn and discuss strategies after Supreme Court rulings on patent eligibility and decisions from the Patent Trial and Appeal Board.

The 12th Annual “Patents for Financial Services Summit” will examine such topics as:

  • The Supreme Court’s Alice Corp. v. CLS Bank International in light of future prosecution and litigation Patent reform, legislation, and recent changes in PTAB proceedings.
  • Best practices to fight patent “trolls”
  • Recent court cases such as Ultramercial V. Hulu, Teva v. Sandoz, Commil USA LLC v. Cisco Systems Inc.
  • How best to improve patent quality and drive innovation

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Speakers include executives from JP Morgan Chase, MasterCard, Visa, Wells Fargo, Morgan Stanley, The Clearing House Payments Company, SAP and Google.

Brody Berman Associates is a first-time partner and supporting organization of the Patents for Financial Services Summit, and IP CloseUp is a media partner. Your intrepid eye on IP, Bruce Berman, will be there, so stop by and say hello.

For the full program, including agenda and speakers, go here; to register go here.

-IP CloseUp readers receive $200 of of the registration fee if they mention promo code: IPC2XX.

Image source: worldcongress.com

“IP Finance 2015” will examine IP assets, transactions and challenges

IP Finance 2015, “Innovative Ways to Manage IP Assets for Maximum Return,” will bring together in New York on May 14 leaders in patent licensing and transactions, including those who fund them. 

Following a successful IP Finance kick-off in May 2014, Premier Cercle™ is teaming up with Institutional Investor Magazine and Managing Intellectual Property for a sequel that will explore the best financial practices from patent holders, investors, bankers, financiers, private equity firms, regulators, plaintiffs and defendants.

“The program is designed to give both a deep understanding of how IP rights, especially patents, are involved in finance and an international point of view,” said Patrice Cros, Managing Director of Premier Cercle, conference organizer. “The event is structured in three parts: Assets, Transactions and Challenges, and will provide a high-level discussion and 4107f07f93097aaeb07a3609877fd7daunparalleled networking opportunities.”

The preliminary agenda for the conference, which will be held at New York’s historic Palace Hotel, can be found here 

Those interested in registration can do so here.  

Confirmed speakers include some of the key players involved in intellectual property transactions, strategy and finance. The following is a partial list.
 _________
Mark Argento
co-founder LAKE STREET CAPITAL
Bruce Berman
Chief executive officer
BRODY BERMAN ASSOCIATES
Henrik Carle
VP Business Management and Finance, IPR & Licensing
ERICSSON
Yann Dietrich
Senior Patent licensing executive & IP counsel
FRANCE BREVETS
Michael Fusco
Managing Director
MORGAN STANLEY
John Garland
former Vice President of Licensing
ROCKSTAR
Samirah Muzaffar
Consultant
MYIPO
David Pridham
Chairman and Chief Executive Officer
DOMINION HARBOR GROUP
Sean Reilly
VP and Associate General Counsel
THE CLEARING HOUSE PAYMENTS COMPANY
Frédéric Rose
Chief Executive Officer
TECHNICOLOR
Maulin Shah
Managing Partner
ENVISION IP
Jaime Siegel
Executive Vice President
ACACIA RESEARCH GROUP LLC
Eran Zur
Managing Director Fortress IP Group
FORTRESS INVESTMENT GROUP LLC
_______
Image source: premiercercle.com; newyorkpalace.com

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