A Collateral Assignment is an asset assignment in which ownership rights are transferred only as an additional security for a loan, and revert to the assignor when the loan is repaid.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
In the event of bankruptcy, the assigned trademark could be treated as an asset. It’s a tricky situation that usually involves the courts, so having legal advice can really be a lifesaver.
Absolutely! You can continue to use your trademark while it’s under collateral assignment, just as long as you keep up with your obligations.
It's wise to consult with a lawyer who knows trademark law. They can help you tie up all the loose ends, making sure everything is squared away the right way.
When you sell a trademark, you’re giving it away for good. But with a collateral assignment, you’re just using it temporarily as security while keeping ownership.
Collateral assignment of trademarks generally falls under federal trademark law, but it's wise to check for any local regulations. It’s best to stay ahead of the game before diving in!
While it’s not a must, having a lawyer can be a real lifesaver! They can ensure everything is clear and legally sound, so you won’t have to worry about any fine print down the road.
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