WIPR reports about a general agreement between the UK and the EU regarding the protection of intellectual property rights after the Brexit transition period which is due to end on December 31, 2020.
According to the published draft of this agreement rights over European trademarks, Community designs, plant variety, and databases will be still valid on the UK territory even after the end of the transition period.
This news is of an utmost importance for all IPRs owners which have been in deep uncertainty until that moment what would happen with their intellectual property after Brexit.
Regardless of this progress, however, many experts still rise different additional questions which aim is to reveal the whole picture. For example, there is no clarity whether some fees will have to be paid for this ongoing protection, or what will happen with geographical indications, which are not part of the agreement, or whether UK attorneys will be able to represent clients before the EUIPO and so on.
INTELLECTUAL PROPERTY PLANET 