Security Rights in Intellectual Property in Brazil
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This chapter addresses transactions related to intellectual property (“IP”) where IP rights serve as a security for the credit. Since there is no specific statutory provision in Brazil regulating security over IP rights, this chapter will address the general rules that are relevant to this matter in the country. Among other topics, this chapter encompasses an overview of IP rights in Brazil; the categories of security rights; the structure of the related transactions; the priorities of a security right in insolvency processes; enterprise charges; rights before default; enforcement; typical costs; and legal and practical challenges in this matter.
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