Patent 6915577 was granted and assigned to LG on July, 2005 by the United States Patent and Trademark Office.
A utility knife include a handle, a neck pivotally mounted on the handle, and a blade mounted in the neck. The neck can be folded into the handle to transport the utility knife. The blade is slidably removably inserted into and out of the handle without requiring disassembly of the handle. The blade is secured to the neck of the knife by a pivotally mounted arm.