Last week, the UK and EU revealed a draft agreement, confirming that owners of EU trademarks and Community designs will have their rights protected in the UK after a transition period. The agreement also extends to plant variety rights and database rights.
After the transition period, which will begin on March 29, 2019 and end on December 31, 2020, the owners will, “without any re-examination, become the holder of a comparable registered and enforceable IP right in the UK”.