As noted in our client alert on April 20, 2022, Cooley
continues to monitor the ever-changing situation in Russia and
Ukraine following Russia's invasion of Ukraine in February
2022. Provided below is an update regarding recent
developments related to intellectual property (IP) protection in
Russia.
On May 5, 2022, the Office of Foreign Assets Control (OFAC) at
the US Department of the Treasury issued General License 31 (GL31), which authorizes
certain transactions related to patents, trademarks and
copyrights. Paragraph (a) of GL31 provides a broad
authorization to engage in these specifically enumerated
activities:
- Filing and prosecution of applications for patent, trademark,
copyright, or other form of IP protection.
