{"id":29025,"date":"2022-05-13T08:00:00","date_gmt":"2022-05-13T13:00:00","guid":{"rendered":"https:\/\/www.olartemoure.com\/?p=29025"},"modified":"2022-05-13T12:37:10","modified_gmt":"2022-05-13T17:37:10","slug":"omwd-12-05-22","status":"publish","type":"post","link":"https:\/\/olartemoure.com\/en\/omwd-12-05-22\/","title":{"rendered":"OM Weekly Digest 12\/05\/22"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/05\/ft-omwd.jpeg&#8221; alt=&#8221;omwd ft&#8221; title_text=&#8221;ft omwd&#8221; align=&#8221;center&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/05\/madrid-protocol.jpeg&#8221; alt=&#8221;madrid protocol&#8221; title_text=&#8221;madrid protocol&#8221; align=&#8221;center&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#000000&#8243; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>12\/05\/22 &#8211; Trademarks<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||1rem||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>The Colombian government has notified the World Intellectual Property Organization (<\/span><a href=\"https:\/\/www.wipo.int\/edocs\/madrdocs\/es\/2022\/madrid_2022_17.pdf\" target=\"_blank\" rel=\"noopener\">WIPO<\/a><span>) a declaration modifying the amounts of individual fee to be paid regarding Colombia according to Article 8.7 of the Madrid Protocol. The individual fees will increase by between 2-6 Swiss Francs for subsequent applications or appointments of International Trademark Registrations, and between 2-3 Swiss Francs for renovations.\u00a0\u00a0<\/span><\/p>\n<p><span>These modifications will apply when Colombia a) is designated in an international application received by the Office of origin on or after June 1, 2022; b) is the subject of a subsequent designation received by the Office of the Contracting Party of the holder on or after June 1, 2022, or is presented directly to the International Bureau of WIPO on or after that date; or c) has been designated in an international registration which is renewed on or after June 1, 2022.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/05\/CISG.jpeg&#8221; alt=&#8221;CISG&#8221; title_text=&#8221;CISG&#8221; align=&#8221;center&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#000000&#8243; text_font_size=&#8221;13px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>12\/05\/22 &#8211; International Trade<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||1rem||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>On 5 May 2022, The People\u2019s Republic of China (PCR)\u00a0<\/span><a href=\"https:\/\/unis.unvienna.org\/unis\/en\/pressrels\/2022\/unisl327.html\" target=\"_blank\" rel=\"noopener\">deposited a declaration<\/a><span>\u00a0of extension of the territorial application of the United Nations Convention on Contracts for the International Sales of Goods (CISG) to Hong Kong, Special Administrative Region.\u00a0 \u00a0<\/span><\/p>\n<p><span>Since 1988, the CISG applies to territory in Mainland China. However, with the declaration of extensi\u00f3n the CISG will also apply to parties that have their place of business located in Hong Kong. This decision strengthens China\u2019s commercial relationships with States that are part of the CISG, such as Colombia.\u00a0\u00a0<\/span><\/p>\n<p><span>According to the information published by the Ministry of Commerce, Industry, and Tourism, in 2021, China became first Asia\u2019s inverstor in Colombia. With the declaration of extension, the parties will have a unified code of legal rules governing several aspects of their contracts of international sale of goods, simplifying comercial operations.\u00a0\u00a0 \u00a0<\/span><\/p>\n<p><span>The territorial application will take effect on 1 December 2022.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/05\/NFT-UK-1.jpeg&#8221; alt=&#8221;NFT UK&#8221; title_text=&#8221;NFT UK&#8221; align=&#8221;center&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#000000&#8243; text_font_size=&#8221;13px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>12\/05\/22 &#8211; Innovation<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>Last week, The UK\u2019s High Court, recognized<\/span><a href=\"https:\/\/news.artnet.com\/market\/uk-high-recognizes-nfts-as-property-2108605\" target=\"_blank\" rel=\"noopener\"><span>\u00a0<\/span><\/a><a href=\"https:\/\/news.artnet.com\/market\/uk-high-recognizes-nfts-as-property-2108605\" target=\"_blank\" rel=\"noopener\">NFTs (non-fungible tokens) as property<\/a><a href=\"https:\/\/news.artnet.com\/market\/uk-high-recognizes-nfts-as-property-2108605\">,<\/a><span>\u00a0separate from the underlying right they represent, capable of being frozen by way of an injunction.\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span>This decision sets an important precedent for NFTs regulation and enables litigants to bring the full power of courts to, for example, seize stolen assets or compel repayment.\u00a0\u00a0<\/span><\/p>\n<p><span>The ruling opens a debate about what owning an NFT implies. At this moment, the concept of NFTs as property is as abstract as a patent law, or an extension of Intellectual Property law, as NFTs are essentially ideas that have taken virtual form. \u00a0\u00a0\u00a0<\/span><\/p>\n<p><span>Nevertheless, to some, an NFT doesn\u2019t convey copyright, usage rights, moral rights, or any other rights at all, as these aspects are regulated separately in a written contract. However, according to the UK\u2019s High Court an NFT owner has the right to transfer it, give it to someone else, exclude others from it, all of these considered as property attributes.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_signup mailchimp_list=&#8221;OMWD esp|716b41d1b1&#8243; success_message=&#8221;Thanks for subscribing!&#8221; title=&#8221;Subscribe to our newsletter&#8221; description=&#8221;<\/p>\n<p>We are a continous source of information, always with the latest news about intellectual property and competition.<\/p>\n<p>&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#043465&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_signup][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We share with you our OM Weekly Digest, news report on intellectual property, competition and much more.<\/p>\n","protected":false},"author":1,"featured_media":29026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[47,59],"tags":[],"class_list":["post-29025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-newsletter-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - 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