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ITMA Statement on EU Referendum

27-Jun-2016 | Source : Institute of Trade Mark Attorneys | Visits : 6042
LONDON - Following the announcement of the EU Referendum result for the UK to leave the European Union, President of the Institute of Trade Mark Attorneys (ITMA) Kate O’Rourke said:

“We would encourage trade mark and registered design owners not to panic – European Union Trade Marks and Registered Community Designs remain valid in the UK and there is no immediate loss of IP protection. There is likely to be no change for at least two years giving intellectual property rights owners plenty of time to plan.

“ITMA will be working hard with key stakeholders including the UK’s Intellectual Property Office and Minister for Intellectual Property to influence the negotiations and ensure the best possible outcomes for owners of intellectual property rights and practitioners in the UK.

“ITMA will advocate for the transition of all EU-based trade mark and design rights to UK-based protection to be simple and cost effective. We will also be calling on the UK Government to ensure that UK practitioners remain entitled to represent clients before the European Union Intellectual Property Office.

“The UK trade mark attorney profession has built up a reputation and trust over decades for the quality of its work, as recognized by the recent grant of our Royal Charter, and that will not diminish and we are confident the services of our members will remain in demand across the globe.

“At this time we recommend that all trade mark or design rights owners seek advice from their registered trade mark attorney to ensure they are fully prepared and can put in place plans to confirm the continuance of their IP protection.”

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