The Spanish word “bonanza” means calm sea and fair weather. Idyllic holiday conditions, in fact. The weakness of the British pound (the pound is now between 8 and 17% weaker against other currencies than it was before the Brexit vote) is supposed to be good for people coming to the UK on holiday. But brand owners may benefit too. It means UK firms have become better value for money than they were before.
In fact, latest figures just released by the UKIPO suggest that this is what other people think too. There has been a spike in UK trade mark filings since the Brexit vote on 23 June 2016. The biggest jump has been in overseas applicants filing UK trade mark applications – up from 2893 in the first six half of the year to 4763 in the second half.
Some of these filings will be new marks, of course. In Bulletin No. 4, we explained why many trade mark and design owners are filing UK national applications alongside new EU trade mark and design applications. However, at the Marques Conference in Alicante in September 2016, a number of corporate members admitted to refiling their entire EU trade mark portfolios as UK national applications. This is because the same logic applies to existing EU trade marks as to new ones. To remove the uncertainty of dividing out later, it makes sense to file corresponding UK national applications now, and not to wait until division is possible.
So, if you don’t fancy the British weather, you could always spend your pound at the UK IPO instead.
Coronavirus - UK IPO, EPO and EU IPO extensions and support
A simple overview of the current status from IPOs. Last updated 18th May 2020.
Is it unethical to patent?
The Covid-19 pandemic has prompted many companies to invest time and effort in developing technology that is aimed at helping care for, test, or treat people suffering from the disease. In normal times, these might be considered normal commercial activities and would be considered for patenting without a second thought. However, the fact that these developments are typically not being motivated by pure commercial gain, but by a desire to do something for the public good causes many companies to question whether or not they should seeks patents or any other form of intellectual property protection.
Morgan Motors Case Study
Morgan Motor Company originally thought their most important asset was their range of hand built sports cars, after working Wynne-Jones, they realised their most important asset was their brand.
UPDATE - UK IPO support for those affected by Coronavirus
Exceptional extensions of time limits at the EUIPO to end on 18 May 2020.
The Executive Director of the EUIPO has announced that the all time limits on trade mark and design matters at the EUIPO expiring between 9 March 2020 and 17 May 2020 will expire on 18 May 2020. The EUIPO is not extending these time limits further.
If you have any questions then please get in touch with your usual Wynne-Jones contact.
BREAKING NEWS - German Federal Constitutional Court decides on UPC complaint
The German Federal Constitutional Court has now issued its long-awaited decision (source) in case 2 BvR 739/17 which was a complaint against the German Ratification Law under which Germany was to ratify the UPC.
EPO announces extensions to deadlines due to COVID-19
On Sunday 15 March 2020 the EPO published a notice advising it is invoking the provisions of Rule 134(2) EPC, and has extended all periods expiring on or after publication of the notice to 17 April 2020. This may be extended by the EPO upon publication of a further notice.