As the Brexit date approaches, recent reports indicate that the UK Government will offer automatic and free conversion of EU registered trade marks into UK registered trade marks.
But how accurate is this?
White Paper on Future Relationship issued by UK and EU 12 July 2018
The UK Government continues to negotiate with the EU as the Brexit date approaches and confirms a desire to minimise disruption to businesses.
This does not go so far as to confirm free and automatic conversion of trade marks.
The White Paper rather proposes that the UK should continue to have an active relationship with the EU to support EU and UK rights holders. It still remains to be seen which option will be followed.
What Should You Do Now – August 2018?
We caution against relying on conversion of rights by the UK Government. In order to put your business in the best position, we recommend following the same steps noted in our previous article:
Identify your true market and make sure your protection covers that market.
Keep your UK and EU trade marks in force. If you have a trade mark registration which is due for renewal, and the registration reflects what you are using, then we recommend you renew your registration and do not allow it to lapse.
Update any out of date Register rights. This could mean new UK or EU applications, either national filings or under an application under the Madrid Protocol system.
And finally, do not forget about third party agreements – review what you have and update what you need to update now!
And throughout all these steps, remember that we are here to help!