Can a registration in Panama be canceled?

Registration can be canceled for the following reasons:

• Bad faith


• The mark is generic


• The mark is descriptive


• Expired registration


• The mark is misleading, deceptive, or disparaging


• The mark is functional


• Use of protected armorial bearings, flags, and other state emblems


• Use of a geographical indication


• Inclusion of a badge or emblem of particular public interest


• Express renunciation by the owner


• Unused trademark for five consecutive years


• The mark contradicts public policy or principles of morality


• Registration was declared invalid by a competent authority