With never a dull moment in the world of Brexit, we now have the European Court of Justice decision on whether the UK can unilaterally withdraw from its notification to leave the EU. Read Dominic Hopkins’ note on the decision here. The vote on the deal set out in the Withdrawal Agreement, which was agreed by Theresa May and the 27 member states, is now imminent. But in the meantime uncertainty continues over what the landscape for individuals, businesses and institutions will look like after 29 March 2019.
- Will Parliament approve the negotiated deal?
- What scenario will we be faced with if they do not? Would this prompt a "People's Vote"?
- Even if the negotiated deal is ratified by the UK and the EU, how long will the transition period continue?
Despite all this uncertainty, applying a ‘wait and see’ approach to doing business in a European context could be disadvantageous. The team at Hewitsons is available to talk to you about your needs and how those may be impacted by Brexit. We have also identified a number of key areas that organisations should be considering now.
Whilst we can do no more here than flag points for you to consider, in a general way, we will be able to tailor our advice to your specific business needs and particular issues that affect your sector. Of course, despite the turmoil, uncertainty and pessimism of media speculation surrounding Brexit, opportunities are always associated with change and reviewing your legal and regulatory requirements may help with identifying such opportunities.
Hewitsons continues to have close European connections through our network of international law firms, LawExchange International. In that way we can provide an international dimension from trusted advisers which is critical to avoiding business disruption and to grasping opportunities quickly.
For more information please contact Emma Shipp or Charlotte Bull.