Overview: Consequences of a hard Brexit
There is a greater risk that the United Kingdom will be leaving the EU without a common agreement on the terms of the country's exit. Such a "hard Brexit" will give rise to a number of complications for businesses with activities in the UK. Plesner provides an overview of the consequences of a hard Brexit in a number of key areas.
It does not appear likely that the British parliament will approve the agreement between the EU and the British government about the United Kingdom's exit from the EU. As a consequence, there is greater risk that the United Kingdom will be facing a hard Brexit when the country leaves the EU on 29 March 2019.
Plesner urges businesses trading with the United Kingdom to analyse and prepare how to handle a Brexit if no agreement is reached between the EU and the United Kingdom before 29 March 2019. Plesner's Brexit Task Force continues to follow developments and will be able to advise clients on how best to handle Brexit in their specific situation.
Plesner's Brexit Task Force provides an overall view of the consequences of a hard Brexit in a number of key areas:
- Corporate law
- Financial services
- Insurance and pension law
- Customs, duties and VAT
- Marketing Law and consumer law
- EU trademarks and EU design rights
- Enforcement, legal proceedings and arbitration
- Competition law
- Commercial real estate
- Capital markets law
- Employment and labour law
- Data protection law
- Commercial contracts