In The News

Wait and Watch

Asian Legal Business

15 Mar 2019

Morrison & Foerster partner Shirin Tang and counsel Saqib Alam discuss the UK’s likely exit from the European Union without a deal, and how, Asian companies, especially those with business interests in one or both the places, remain on their toes in the Asian Legal Business article entitled, “Wait and Watch.

Tang and Alam note that Asian companies are treading the uncertainty with caution and concern. “Many have taken bold contingency measures: Japanese automakers who are among the largest investors in UK manufacturing are bowing out of the UK. Asian funds with real estate exposure are taking a wait-and-see approach,” they say. “Ultimately, it boils down to investment goals. Some Chinese companies are seeing Brexit as an opportunity and are investing in the UK with a long-term view despite the short-term Brexit uncertainties.”

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