The Intellectual Property Office, a government executive agency sponsored by the Department of Business, Energy and Industrial Strategy, has launched a consultation on the UK’s future regime for exhaustion of intellectual property (IP) rights. This consultation closes on 30 August 2021 and Walpole will make a submission on behalf of the British luxury sector.
Walpole is joining forces with the British Fashion Council and the UKFT to provide an introduction to the government’s consultation. This session will run as part of an existing series of Fashion & Textile Government Forums established by the British Fashion Council and the UKFT.
Sally Britton, from Walpole strategic partner Mishcon de Reya, will provide an overview of exhaustion of rights regimes and lead discussion on the consultation.
The question of what our future exhaustion regime should be is an important one because it will govern future rules on parallel trade. Parallel trade is the cross-border movement of goods that have already been placed on the market in a specific geographic territory. The consultation sets out options for the UK’s future exhaustion regime and is of importance to businesses and consumers as any potential changes may impact a wide range of sectors where there is parallel trade of physical goods which are protected by copyright, design rights, patents and/or trade marks.
The event will take place Monday 26th July 4.00 – 5.00pm. To register please email [email protected]
