Abstract
This paper provides a theoretical overview of and practical guidance on the use of intellectual property (IP) rights as security in Estonia. It begins with an overview of the different IP rights in Estonia and the categories of security rights that can be granted over them. Like in other European countries, there are both non-registered and registered IP rights in Estonia. The different types of IP rights can be categorized as either copyright and related rights or as industrial property rights. In addition to national IP rights, EU-wide IP rights such as EU trademarks and Community also have effect in Estonia. The main ways to create a security right over an IP right are by establishing a pledge over IP rights or by transferring the IP rights as security. An IP right may be encumbered with a pledge through the establishment of a registered security over movables (for registered IP rights) or a pledge of rights (for non-registered IP rights). In addition, non-registered IP rights can also form part of a general commercial pledge, which is established over the entire movable property of an enterprise.
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