SECURED TRANSACTIONS IN INTELLECTUAL PROPERTY: SOFTWARE AS COLLATERAL
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Abstract
Kiriakoula Hatzikiriakos (Markham, Ontario: LexisNexis Canada Inc, 2006) pp 363 ISBN 0-433-44769-9, £50.00Software copyright is an underexploited source of financing potential for its owners. Despite its considerable economic value, it is a non-traditional intangible asset that is difficult to use as collateral for financial borrowing. As stated by the US Court of Appeals for the Ninth Circuit In re World Auxilliary Power Company
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