Patents Assigned to Karson Management Ltd.
  • Patent number: 8219478
    Abstract: Disclosed herein is a system and method for eliminating or transferring the non-economic risk of financial securities. The system and method serves to avoid non-economic losses in the first instance, and to counter the adverse capital impact of prior non-economic gap losses by providing capital relief consistent with a determined protected amount. A client makes a non-recourse loan to a provider. In return, the provider agrees to purchase a fixed income security (FIS) Portfolio from the client for an purchase price greater than the amount of the loan. If the aggregate principal payments (APP) of the FIS Portfolio exceed the purchase price, the parties engage in profit sharing of the APP over the purchase price. If the final market value of the FIS Portfolio is below the purchase price and above the loan amount, the losses are absorbed by the provider.
    Type: Grant
    Filed: May 8, 2009
    Date of Patent: July 10, 2012
    Assignee: Karson Management, Ltd.
    Inventor: Derrell Hendrix
  • Patent number: 8155985
    Abstract: Disclosed herein is a system and method for eliminating or transferring the non-economic risk of financial securities. The system and method serves to avoid non-economic losses in the first instance, and to counter the adverse capital impact of prior non-economic gap losses by providing capital relief consistent with a determined protected amount. A second party provides to a first party a policy covering potential losses in value for a fixed income securities (FIS) Portfolio, particularly losses between an upper attachment value and a lower exit value. The second party provides capital to the first party as a policy security in the event that the aggregate principle payments (APP) of the FIS Portfolio are less than the attachment value and the first party makes a claim under the policy.
    Type: Grant
    Filed: May 8, 2009
    Date of Patent: April 10, 2012
    Assignee: Karson Management Ltd.
    Inventor: Derrell Hendrix