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Practical preparations for Brexit: a global perspective

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Beverley Potts

Senior PSL

London

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David Stone

Partner, Global Head of Intellectual Property

London

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Keren Livneh

Partner

New York

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29 April 2019

Only the very brave are predicting with certainty the outcome of attempts by the UK to leave the EU.

There is still no clarity on whether: (i) the UK Parliament will approve the withdrawal agreement negotiated between the EU and the UK government; (ii) the UK will leave the EU without any deal (‘hard Brexit’); or (iii) the UK will hold a second referendum or even revoke Article 50 so that the UK remains in the EU.

The agreed extension to the proposed exit date has currently removed any ‘cliff-edge’ urgency, but this has only increased the uncertainty surrounding if and when the UK will leave the EU. From an IP perspective, there remains no need to panic.

The UK government has made it clear that its priority is to ensure that it is business as usual and that no IP rights will be lost in the UK, regardless of whether the UK leaves the EU with or without a deal.

Nevertheless there are a number of practical issues which IP owners are considering to ensure continuity, regardless of the outcome of Brexit.

Whether there is a Brexit deal or not, IP owners should be considering at least the following developments to ensure continuity.

To read the full article, which was published by Managing IP, please click the following link.