Tax Centre

Tax Rates Centre

Budget 2012

Budget Report

Tax Calendar 2012/13

News & Library

News Archives

Library

RSS Feed Subscribe

 

 

 

Business Online

Business Online - Winter 2011

 

 

Year End Strategies 2011

Year End Strategies 2011

 

 

 







Bookmark and Share

 

New ‘small claims’ service for intellectual property cases


The Government has confirmed its plans to introduce a new small claims service at the
Patents County Court, in order to simplify the system for small and medium-sized
businesses (SMEs) that wish to enforce their intellectual property rights, while reducing the
financial risk to business owners through the introduction of new financial limits.


Many smaller businesses are restricted by the high costs involved in raising a case, with
research suggesting that one in six SMEs have given up their claims as a direct result of
court costs.


The new service will impose limits on fixed costs and allow damages of up to £5,000 per
case.


The announcement follows recommendations from the Hargreaves Review of Intellectual
Property and Growth, published earlier in the year. The report highlighted the need for better
access to justice for SMEs.


Baroness Wilcox, Minister for Intellectual Property, said, ‘This is great news for small and
medium-sized businesses as it will give them the confidence to stand up and protect their
intellectual property rights. A small claims process means businesses will not have to fight
through lengthy court battles instead of concentrating on growing their business’.


The service is expected to be introduced in 2012. 

 

Bookmark and Share