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exit from the eurozone: golden star fallen from a blue wall

Source: spectator.co.uk

By now, you have undoubted heard about the United Kingdom’s decision to leave the European Union in a historic Referendum vote that took place in June 23, 2016. Immediately after the results came in, stock market plummeted, thousands of British expats around the EU are worried about their work authorization and benefits, and millions of businesses around the world worry about the future of doing business with an independent United Kingdom.

Although the United Kingdom is not one of the United States’ major trading partners, many Americans do maintain business relations with the United Kingdom to some extent. For example, the United Kingdom is market to a lot of American and Asian goods. The United Kingdom’s divorce from the European Union could mean that the businesses from countries around the world would now have to operate under new trade deals and laws negotiated among their countries and the United Kingdom separately. As such, the ‘Brexit’ decision will have ramifications across vast different sectors of our society and the economy in various ways. One of such ways is intellectual property rights.

Trademark Rights

Before June 23, 2016, the United Kingdom, as part of the European Union, operated under the same intellectual property rights as the rest of the countries of the European Union. That is to say, businesses could apply for trademarks for their businesses with the European Union Intellectual Property Office. The office covers all 28 countries within the European Union and will issue and protect trademarks that are recognized and enforced across the European Union.

In order to secure trademark protection in the UK, businesses will have to go through the United Kingdom Intellectual Property Office and potentially miss out on Europe-wide protection. Filing for trademark applications in the EU AND the UK will prove to be costly for many businesses and individuals. While nothing has been affected yet, moving forward, it is expected that transitional measures will be put in place to shift existing marks under EU protection to include UK protection as well.

Patent Rights

Businesses and individuals apply to the European Patent Office to obtain patents that will be recognized and enforced across Europe.

People doing business in the UK might have to apply within the United Kingdom Intellectual Property Office in order to apply for a patent that would be recognized in the UK. While nothing has been affected yet, moving forward, it is expected that transitional measures will be put in place to shift existing marks under EU protection to include UK protection as well.

What next?

While the official decision to start negotiation for the UK to exit from the EU has not been made, it is safe to say that businesses and individuals alike are starting to be impacted by the possible ramifications of such a historic decision. It is more important now than ever to make sure that your business and your brand enjoy the same intellectual property protection that you have come to expect. If you have any questions or concerns navigating through the changes post “Brexit” in Europe and the UK, contact our team of experienced intellectual property attorneys at Wang IP Law Group, P.C. for a consultation. Our trademark and patent attorneys are experienced in working with the World Intellectual Property Office and its branch offices in different regions and will be sure to offer the business and legal advice that your business needs.

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Starting a new business can be a bit scary. Aside from worries of failure, there’s also the hassle of making sure all legal paperwork are properly filed. I reached out to Mr. Wang (Tommy) because of his excellent reviews and reputation and I am so glad I did. He was thorough and meticulous in answering all of my concerns and took time to find out special laws and policies regarding the kind of business I am starting. I could focus on the daily practical side of starting my new office without worry because I felt Tommy was reliable and took my case seriously. My business is opened and it’s all been a smooth start because of Tommy’s help. I have plans to start another business venture in the next few years and I already know I’ll be coming back to Wang IP Law.

The Shindig W.

I came to Tommy for help reviewing a licensing agreement I had secured with a well-known manufacturer. Tommy made sure I understood all the details in the contract and he negotiated with the company to improve my side of the deal. I mentioned to Tommy at my first consultation that we were looking to expand throughout the US and were investing a lot of money to make a big entrance into the market. I did not think I would have my store open so soon but Tommy also has connections with the local area and realtors to help me secure the location for my first store in the Los Angeles area. Tommy works a lot with the local businesses and he understands how to transition from the Asian market to US market. Within 8 months my store was open for business and fully operating. I must recommend Tommy to any business owners looking for help with contracts and improving their side of the deal. Tommy has the knowledge and experience to make sure there is a smooth process to open for business here, and make sure that your company is set up for success.


I think Tommy and his team by far considered the best people to work with in my 16 business years. Beside quick responses to all my inquiries, they also done things right and providing very professional solutions. I’m highly recommending Tommy and his firm to all business owners.

Calvin C.

I have been working on my Utility Patent for almost 4 years. I have hired and fired two very reputable IP firms because with all their expertise and reputation for being some of the top firms in IP Law, I felt a lack of connection and care in my product, time and financial investment. Then I found Tommy and his team. Tommy does not waste time. He and his team are professional and extremely thorough. After 4 years, I finally found a legal team that I felt spent the time to really understand the components of my utility patent. Tommy also very mindful of cost and how and where my money would be better spent. I really feel I am in great hands with Tommy and his team. They have been patient with my revisions. And most importantly, they made me feel that they fully understood the importance this patent is to me. It has been a great and comforting pleasure working with Tommy.


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