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Our Head of Commercial, Grant Esterhuizen looks at possible affects of Brexit on your business’s Intellectual Property Rights (“IPR”), in particular, trade mark and design rights.
One of which, was the collapse of the acquisition of Cannon Place by Germany’s Union Investment as well as the announcement by Barratt Development that various land-buying commitments were being put on hold. Of further concern came the news that investors had withdrawn £1.4 billion from commercial property funds.
The main effect of the UK’s historic vote to leave the European Union was to create a huge wave of uncertainty for businesses across the country. Employers can no longer plan their recruitment strategy to include free movement of workers throughout the EU.