What happens after the Brexit
Consequences for European Union trade marks and Community Designs
Since all parties are interested in an orderly seyence of Great Britain´s Exit from the European Union to minimize the impact on the economy it seems unlikely that the negotiations between may fail within the intended timeline.
In case of successful negotiations several different scenarios are currently conceivable, i.a. a continued (or limited) validity of the EU trade mark and Community Design regulation or an acceptance of the restriction of the property rights’ teritorial scope of protection. However, it seems very probably that the European Union and Great Britain may agree upon a restriction of the territorial scope of the existing EU trade marks and the Community Designs in combination with a simultaneous creation of an equivalent property right in Great Britain with the same priority (or seniority).
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