Negotiations about Brexit have resulted in a number of developments that are relevant for the European Trademark. Nothing has been finally agreed yet but the following proposals are likely to be accepted:
-There will be no EU Trademark changes before December 31st, 2020
-As from January 1st 2021 the EU Trademarks will no longer be valid in the United Kingdom.
-From that date the UK part of all European Trademark Registrations will be replaced by an identical UK trademark registration, without any action to be taken by the trademark owners.
-For EU trademarks that have been filed, but have not yet been registered, the owners will get the option to file an equal UK trademark registration until 30 September 2021 and claim the priority of the original EU trademark application.
On June 23, 2016 the British people have voted for the United Kingdom to leave the European Union, widely known as the Brexit. This will in the future also have its implications for the European Union Trademark. Please note that there will be no immediate impact on the Intellectual Property rights such as European Trademark rights.
The United Kingdom first must officially notify the EU of its intention to withdraw, after which there will be a two-year period to determine the terms of the withdrawal. European Union trademarks (EUTMs) will still have effect in the United Kingdom until at least June 2018. National UK trademark registrations will remain in effect.
As soon as there is any news on possible regulations of conversion or re-registration we will let you know as soon as possible, as we are constantly monitoring the situation.