NEW LAW ON INTELLECTUAL PROPERTY WILL BECOME EFFECTIVE ON AUGUST 1st OF 2017
The new law on Trademarks, Design Rights and Patents was approved last year and will be implemented on 1st August, 2017. Consequently, the practice of re- registering UK and EU trademarks will come to an end on July 31st of 2017.
With the new law, the Cayman Islands Intellectual Property Office will only accept national applications, filed by a registered agent. Unlike old applications, new ones will be examined on absolute and relative grounds and published for opposition purposes within 60 days for third parties to oppose.
Under the new law there are no intent to use requirements and there is no procedure to revoke a trademark on grounds of non- use. Regarding renewals, new trademarks will no longer be dependent on the renewal of the underlying UK or EU trademark date of expiration.