Press reports that Michael Gove went to bed on 23 June and had to be woken to be told that “Leave” had won, suggest they themselves did not expect to win. Being less relaxed, we have been thinking about what a Leave vote could mean and, set out below, are articles with our first thoughts.
As business leaders, we have been presented with another challenge. The immediate questions – will there be a slowdown or a recession are not legal questions. However, some of the second order questions are legal, such as: will there be a bonfire of red tape so that it becomes easier to run a business? Are some contracts going to be unworkable or unprofitable? Will it be easier to do business in Europe and elsewhere? What opportunities are there to save cost or be more flexible?
You will not be surprised that the answer is, mostly, “it depends". We will now be watching closely and doing our best to provide you with early answers to keep you ahead of developments
Following the much awaited UK referendum outcome, what will the implications be for new and existing commercial contracts? Partner, Joanne Gallagher discusses four main consequences of the UK leaving the EU and gives advice to what the next steps for businesses should be. Read more
The content of UK competition law is not imposed or directed by EU legislation, but nonetheless closely mirrors the framework of the equivalent rules in the EU Treaty. Consultant, Nick Bromfield discusses potential changes to competition laws following Brexit, including the substantive provisions of the Competition Act, merger control and state aid. Read more
The decision to exit the EU will undoubtedly give rise to a period of uncertainty for us all. Partner and Head of our Thames Gateway office, Kamal Aggarwal highlights a few key areas that may warrant some immediate thought and possible action depending on your business sector, geography and markets. Read more
Now that the UK has voted to leave the EU, what is the future for the UK’s data protection regime? Senior associate, Ben Stepney and Trainee Solicitor Naadim-Khan Shamji explain how data protection framework could potentially be impacted by Brexit, depending on the timing of the UK's divorce from the EU and the forthcoming EU General Data Protection Regulation. They also discuss the implications for data sharing if the UK leaves EEA. Read more
A large amount of the UK’s employment law comes from the EU, for example the Working Time Regulations, Agency Worker Regulations and rules on transfers of undertakings. Senior Associate, Ben Stepney speaks about which approach he believes the UK Government is likely to take with regards to changes to employment law upon the UK's exit from the EU. Read more
The UK’s current environmental laws are heavily influenced EU laws. Essentially they fall into two categories – those that have come into place as a result of directives and those which are contained in EU regulations. Partner, Nicholas Horton discusses potential new trading arrangements with the EU and how Brexit will effect the trading of businesses and individuals. Read more
Inevitably there is going to be a period of uncertainty whilst markets and people adjust to the new reality. Partner, Richard Ellard highlights and predicts some initial thoughts on how the real estate sector may be affected. Read more
If you have any questions regarding the impact of Brexit please do not hesitate to contact the author of the appropriate article. Contact details for each author can be found at the bottom of each article.