Following formal notice by the UK Government under Article 50 of the Treaty to the European Commission to exit the European Union (EU), a 2 year deadline was created. The UK exit from the EU or so-called ‘Brexit’ is due to occur on 29 March 2019. In the absence of an extension or retraction of the Article 50 Notice the UK will cease to be part of the EU on 30 March 2019.
Whilst there is still much obfuscation as to whether the UK will leave without a negotiated exit (so-called ‘hard Brexit’) or whether the UK Government can secure Parliamentary approval for acceptance of the Withdrawal Agreement (so called ‘soft Brexit’) which will then need to be agreed by the European Parliament, the position with respect to what will happen to trade marks as of 30 March 2019 is known, in part, even if the finer details and administrative procedures are not.
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