PODGORICA, MONTENEGRO - SD PETOSEVIC learned that a decree is expected to be published this week which will regulate Intellectual Property Rights (IPRs) in Montenegro after its separation from the Union of Serbia and Montenegro effective June 3, 2006.

This information cannot be confirmed or verified until the Decree is published; however, the Montenegro office of SD PETOSEVIC has every reason to believe that the most important decision has been made as follows:

The decree calls for an automatic validity of Serbian IPRs in Montenegro. The IP owners will have the option of filing requests for new Certificates of Registration confirming their rights in Montenegro. A proof of their Serbian rights and payment of an applicable fee will be needed.

SD PETOSEVIC provides a full range of Intellectual Property services in Eastern Europe, including the Balkans and the Commonwealth of Independent States (former USSR). The firm currently has offices in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Macedonia, Romania, Serbia, Slovenia and Montenegro.

Source: ag-IP news