Brexit and IP – How can you protect your intellectual property?

Sam Lyon Head of Corporate & Commercial shares another useful tip in a post Brexit world.

You insure your property and have contracts with suppliers and customers for the sale and purchase of goods but what are you doing to protect your ideas, services and products?

Assets that cannot be seen – including design rights, patents, trademarks and copyrights – have immense value to businesses and can be protected.

They are known as ‘intellectual property’ and there are steps you can take to ensure that you have exclusive control to utilise and exploit these assets for your benefit.

At the current time it is unclear whether trademarks registered in the EU would be applicable to the UK in the future. 

If you own any intellectual property rights, check with your solicitor to ensure you will be protected from 1st January 2021.

Here to Help

To help SMEs prepare for Brexit, the UK200Group of which Cartmell Shepherd Solicitors are proud members of, have produced some useful materials including:

Preparing for Brexit: A Guide for SMEs

15point Action Plan

Brexit brings with it many changes, therefore it’s important that you take the necessary actions to protect your business and ensure you can continue to trade.

If you are looking for guidance and advice that is specific to your business and circumstances, please contact Sam on 01228 585714 or click here to send him an email.