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ARTICLE · 06 AUGUST 2015

Trade Mark Reform Package: Agreement On Goods In Transit

Van Bael & Bellis
Van Bael & Bellis
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Van Bael & Bellis

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On 10 June 2015, the Council of the EU's Permanent Representatives Committee (Coreper) approved a compromise agreement on the proposed trade mark reform package...

European UnionIntellectual Property
Peter L'Ecluse
Peter L'Ecluse
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On 10 June 2015, the Council of the EU's Permanent Representatives Committee (Coreper) approved a compromise agreement on the proposed trade mark reform package (the "Trade Mark Reform Package" or "TMRP") which includes a Regulation and a Directive. The compromise agreement was endorsed by the Legal Affairs committee of the European Parliament on 16 June 2015. The approval marks a significant step towards the final adoption of the TMRP.

The TMRP will make trade mark registration systems throughout the European Union more accessible and efficient for businesses as it will reduce costs and complexity, increase speed, and enhance predictability and legal certainty (See VBB on Belgian Business Law, Volume 2013, No. 3, p. 12 and 13; Volume 2014, No. 1, p. 7 and 8; and Volume 2014, No. 2, p. 7 and 8, available at www.vbb.com).

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