Yesterday, October 2, British Prime Minister Theresa May revealed that Article 50 will be triggered by the end of March 2017, setting in motion the Brexit negotiation process.
May also announced a “great repeal bill”, which will incorporate EU regulations into UK law and allow future governments to remove or amend law at a later date.
It will only come into force on the day Britain leaves the EU.
WIPR spoke to intellectual property lawyers and IP associations about the implications of this timetable.
David Rose, partner at Mishcon de Reya, said that “the process of disentangling EU and UK laws is especially complex in the area of intellectual property rights”.
He added: “Of particular concern is how the repeal bill will ensure that the owners of existing EU-wide rights (including EUTMs, RCDs and Unregistered Community Designs) are able to preserve those rights in the future.”
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