Financing transactions Brexit has relatively limited direct impact on existing or new financing transactions which are governed by English law. Brexit has not impacted the enforceability of English law governed finance documents or the choice of English courts.
Major implications Choice of law Although clear choice of law clauses should remain valid, Brexit may have an impact on situations where no such choice has been made.
Major implications Cross-Border Mergers, Restructuring and Conversions The EU has provided simplified and harmonised regulations regarding cross-border restructurings and mergers within the EU.
From a data protection point-of-view, a distinction must be made between four periods of time, namely (i) the period prior to Brexit (31 January 2020), (ii) the Transition Period (1 February 2020 – 31 December 2020), (iii) the Interim Period (1 January 2021 – 30 June 2021) and (iv) the period therea
One of the pillars of the EU Treaty is the free movement of workers. This basic principle has been realized in the EU through (a) the absence of mobility restrictions for EU workers, (b) Regulations that coordinate workers’ social security rights and benefits and (c) Directives that harmonize emp
What does the TCA foresee with respect to the environment? The TCA first of all reflects the EU's modern trade policy thanks to the inclusion of ambitious commitments for – among others – environmental protection and the fight against climate change, thereby ensuring that trade is not j
As of the end of the Brexit transition period, on 1 January 2021, UK insurance undertakings and intermediaries can no longer rely on the European passport to provide activities of insurance (distribution) throughout the European Economic Area (EEA).
Major implications Foreign investments A very important question is whether foreign investors will still be willing to invest in UK companies and what will be the consequences thereof for the EU market. On the one hand, due to the current uncertainty about the exact (legal) implications of
Major implications Employers with internationally mobile employees As explained under the heading “employment”, Brexit may have a serious impact on the automatic right to travel and work freely across the EU. This would have consequences for UK employers with employees (temporarily) wo
Public procurement in the EU and the UK after 31 December 2020 Due to the Brexit the European public procurement directives no longer apply in the United Kingdom (UK).