The Financing of Intangible Assets: TMT Finance and Emerging Technologies

This book makes the case for 'TMT Finance' being treated as a specialism. From a practicing lawyer's perspective, financing for businesses that operate within the TMT sector, or are innovative by nature, or have substantial intangible assets, does not fall neatly into a single category. Inevitably, funders have traditionally seen financing transactions, even those involving IP-rich businesses, as more about finance than IP. While this book does not set out to change this position, it hopes to make the case for both a better understanding of the underlying assets funded by loans to IP-rich businesses, and a better understanding of the respective views and roles of funders, valuers, insolvency practitioners and, not least, credit finance and intellectual property lawyers. Leveraging Intangible Assets for Finance comprises of a carefully curated selection of updated articles that were first published in the Butterworths Journal of International Banking and Financial Law, as well as new content on financial and law firm innovations, for example blockchain and artificial intelligence. Written from a practical perspective, the title also includes international coverage of how intangible assets are leveraged for finance in countries such as Australia, New Zealand, the United States and a selection of European countries.