Legal Print | The National Assembly of Nicaragua discusses reforms to the Act  380..  Trademarks and other distinctive signs Law in Nicaragua.
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The National Assembly of Nicaragua discusses reforms to the Act  380..  Trademarks and other distinctive signs Law in Nicaragua.

The National Assembly of Nicaragua discusses reforms to the Act  380..  Trademarks and other distinctive signs Law in Nicaragua.

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The National Assembly of Nicaragua discusses reforms to the Act  380..  Trademarks and other distinctive signs Law in Nicaragua.

On February 13, 2020, the reforms to Act  380  were discussed in the National Assembly, this reforms  implies changes in the administrative process reducing terms for both the user and the Registry, as well as the increase in fees to be paid for trademark registration, certificate issuance, renewals, modifications, transfers, etc.

Among the new charges are the charge to the informal agency, the charge for filing oppositions, additional charge to replenish publication notices among others.

One of the most important aspects is the reduction of the term of oppositions to the registration of a trademark application, from 2 months to 1 month, reducing the possibilities of the oppositions for interested third parties, in addition to including a charge for the presentation of oppositions.

Another aspect that stands out in this reform is that they eliminate the indefinite validity of the registration of commercial names, establishing a validity for a maximum of ten renewable years for equal periods, and must pay the corresponding fee.

These reforms are still under study in the National Assembly. A group of specialists in Intellectual Property is contributing and revising the reform.

 

Mariana Martinez

Associate

mmartinez@legalprintcr.com

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