Type of Intangible Property
|
Law to determine questions of
essential and forma validity and capacity
|
| 1. |
Shares in a body
corporate |
The law of the State of
incorporation (and in the case of a corporate body whose place of
incorporation has changed, the law of the State of incorporation at the time
of the disposition) |
| 2. |
Rights of all descriptions
arising from a contract (not being rights attaching to shares in a body
corporate).
This category includes, in
particular |
The
governing the essential validity of the contract |
| (a) |
rights to subsisting contractual
debts; |
| (b) |
rights to payments under a contract
that might fall due in the future; |
| (c) |
rights, subsisting or future, under
policies of insurance or assurance. |
| 3. |
Rights to
non-contractual debts. |
The law under which the
debt was created. |
| 4. |
Interests
in trusts and other equitable interests |
(A) |
As regards disposability, the law
governing the essential validity of the trust or interest. |
| (B) |
As regarding the disposition
itself, the law of the State in which the equitable interest is situated. |
| 5. |
Patents, trademarks,
designs, and similar rights, required to be deposited or registered. |
The law of the State in
which the deposit or registration has been applied for, or has taken place
or is under the terms of an international convention deemed to have taken
place. |
| 6. |
Intellectual property
not falling within item 5. |
The law under which the
property came into existence. |
| 7. |
Claims in tort |
The law of the State in
which the tort occurred. |
