Publication details

Security Rights in Intellectual Property in the Czech Republic



Year of publication 2020
Type Chapter of a book
MU Faculty or unit

Faculty of Law

Attached files
Description This chapter provides general information on the legal regulation of security rights over intellectual property under the law of the Czech Republic. The issue discussed is divided into two main parts. The authors begin by providing a short overview of the national and EU protections for intellectual property and emphasize that the ability to use intellectual property assets as security is determined primarily by the transferability of the IP rights. Therefore, it is necessary to make a distinction between personal (moral) rights and economic rights, since only economic rights are transferable. The authors conclude that under Czech law, the most relevant and commonly used security rights are the pledge; the transfer of a right as a security; and the prohibition against encumbrance and/or alienation. Furthermore, the authors discuss the creation, accessorial nature, and perfection of these rights. A few remarks are also made regarding the valuation of the intangible assets. Finally, the frequency with which security right transactions are registered by the Industrial Property Office of the Czech Republic is considered.
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