Intellectual property cases will now be assigned to smaller claims court, which will make it easier, cheaper and quicker for individuals and small businesses to deal with such kind of issues.
Intellectual property claims of less than £5,000 in value will be settles by a new framework by small claims court and it is expected that in future this limit will be increased to £10,000
In addition, claimants will have the opportunity to attend “informal hearings”, with no need of legal representation. This change is “expected to reduce significantly the cost of pursuing IP infringement cases”.says IPO (Intellectual Property Office)
The umbrella term of intellectual property (IP) protects creative products across a wide range of sectors and is underpinned by inherent rights such as copyright and those that require registration, such as patents and trademarks.
From now on people working in the creative business niche, such as designers, photographers etc, will be able to protect their rights and claim intellectual property offences easier and cheaper, as they will save lots of legal expenses.
All intellectual property claims made under the small claims track will be heard at the Patents County Court (PCC). Currently, there is only one court in London, however it will not be necessary for people living outside London to travel for the hearings, as this can be done over the phone. Together with the hearing and the case documents, a decision can be made.
“A smarter and cheaper process is good for business and helping businesses make the most of their intellectual property is good for the economy.Lower legal costs will make it easier for entrepreneurs to protect their creative ideas where they had previously struggled to access justice in what could often be an expensive progress.”says Business Minister, Michael Fallon.
It follows the introduction of a cap of £500,000 on payouts for damages in intellectual property cases and a maximum of £50,000 towards costs. At the High Court, however, where the most complex cases will still be heard, payouts remain unlimited.
Be careful with your own work, in order to prevent people who stole from you to benefit from your efforts. In every business there are hidden dangers, but one of the possible protections is the Non-disclosure agreement.