Perfecting security over intellectual property rights and registering security at an intellectual property registry

The following Banking & Finance practice note provides comprehensive and up to date legal information covering:

  • Perfecting security over intellectual property rights and registering security at an intellectual property registry
  • Introduction
  • Security over IP rights—overview of perfection/registration requirements
  • The difference between perfection and priority
  • Registration at Companies House
  • UK patents—registration on the UK Register of Patents
  • How to register security over a patent on the UK Register of Patents
  • Completing Form 21
  • Effect of registration—patents
  • Priorities
  • More...

Perfecting security over intellectual property rights and registering security at an intellectual property registry

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: What does IP completion day mean for lending lawyers? [Archived].

CORONAVIRUS (COVID-19): Transaction planning will need to take into account the impact of coronavirus (COVID-19) on execution of documents and company filing and administration procedures. For further information, see Practice Note: Coronavirus (COVID-19)—implications for lending transactions—Coronavirus (COVID-19)—impact on deal execution?

In particular, the content of this Practice Note is affected by the working practices confirmed by the UKIPO in response to the effect of social distancing on working patterns. The the UK IPO initially published guidance on the impact of COVID-19 on 27 March 2020 confirming that most services remain unaffected and rights holders and IP professionals should continue to file using online services where possible. Whilst the days following 24 March were designated as “interrupted days” for the purposes of filing deadlines, the designation came to

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