In re Bergy

In re Bergy is a legal case where the court discussed whether certain assets, specifically patents and Trademark Office applications owned by Bergy, could be used as collateral in bankruptcy proceedings. The court examined whether these intangible rights could be considered property of the debtor’s estate and therefore available to satisfy creditors' claims. The ruling clarified that intellectual property rights, such as patents and pending applications, are indeed part of the debtor’s property that can be used to secure loans or obligations, and are subject to the same bankruptcy considerations as tangible assets.