Jurisdiction(s):
United Kingdom

Key definition

Intellectual property definition

What does Intellectual property mean? Intellectual property describes intangible legal rights in creative, technical and branding outputs used and enforced in commercial practice, often abbreviated to IP or IPR. In the UK and Ireland the term is descriptive rather than a single statutory definition; discrete rights arise under specific regimes, typically including copyright, patents, trade marks, registered and unregistered designs, database right, trade secrets and confidential information, and the common law tort of passing off. These rights are territorial, generally time‑limited (trade secrets/confidential information can subsist indefinitely if secrecy is maintained), and confer exclusive rights that can be licensed, assigned, charged as security and...

A practitioner’s guide to the IPEC costs regime: overall and stage caps, VAT, Part 36, unreasonable conduct exceptions, transfers, appeals and small claims (England and Wales)

Published by a LexisNexis IP expert

Practice notes

Background

The intellectual property enterprise Court (IPEC) sits within the general Intellectual Property List (Chancery Division) and is designed to enable small and medium-sized enterprises (smes) to obtain justice in IP disputes where they might otherwise be unable to bring or resist a claim. It also offers a venue for lower-value IP cases to be resolved with costs kept in proportion. The Intellectual Property List comprises two sub-lists: the Patents Court and the IPEC, and forms part of the Business and Property Courts of the High Court, which were established on 2 October 2017. For further details about the Business and Property Courts, see Practice Note: Business and Property Courts, and for commentary on how their launch affects IP matters, see News Analysis: Framework of Business and Property Courts sets ‘solid groundwork for success’. A central feature is the cap on recoverable costs in multi-track proceedings, which accounts for most of the IPEC’s workload. Parties in multi-track cases before the IPEC understand that, at a liability trial, and in the absence of abuse of process or unreasonable conduct, they will not be able to recover more...

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Web page updated on 22/05/2026

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