This document discusses a study that examined the structural properties and ability to protect against oxidation of complexes formed between covalent conjugates of sodium caseinate and maltodextrins, and either liposomes of soy phosphatidylcholine or micelles of soy lysophosphatidylcholine in an aqueous medium. The study found that the conjugates highly encapsulated both the phosphatidylcholine and lysophosphatidylcholine, forming highly soluble complex particles with higher density and thermodynamic affinity for water than the pure conjugates. Lysophosphatidylcholine was a more effective cross-linking agent and the conjugates provided high levels of protection against oxidation for both phospholipids. The