IP lawyers react to Brexit ‘no deal’ guidance

The UK government yesterday published its guidance on a “no deal” Brexit, providing limited but useful information on IP post-Brexit, according to lawyers.  

Hiroshi Sheraton, partner and IP Brexit lead at Baker McKenzie, said the “biggest news” in the guidance in relation to IP is the UK’s assurance that it will unilaterally adopt EU/European Economic Area (EEA) principles of exhaustion of rights as a short-term measure in a no deal scenario.