Prime Minister Theresa May has confirmed the UK Government’s intention to trigger the formal EU withdrawal process before the end of March 2017. May has also announced that all EU laws will initially become part of UK law, under a ‘Great Repeal Bill’ to be introduced in the next Queen’s Speech in April/May 2017.
The future changes to the overall legal landscape and the commercial environment as a result of Brexit could affect the substantive contractual obligations and commercial bargain between parties. Here are our recommendations to help you prepare for and manage the impact of Brexit on existing and new contracts.Read more..
Whilst the precise impact of a Brexit remains unclear and is debatable, many international businesses think that it would be a step in the wrong direction at the wrong time, when the EU should on the contrary be strengthening itself to face up to global competition. Certainly, in the aftermath of the financial crisis, the European financial markets could do with a strong union as opposed to a weakened one.Read more..
Background to the ActRead more..