Brexit Briefings

On 23 June 2016, the United Kingdom voted by a narrow majority to leave the European Union. The referendum, commonly known as “Brexit,” has no automatic effect. The UK remains an EU member, and all existing EU-derived laws and regulations continue to apply in the UK.

In January 2017, the UK Supreme Court ruled that only Parliament has the power to trigger Article 50 of the Lisbon Treaty. The decision is seen as a loss for Theresa May’s government; the prime minister had pledged to trigger Article 50 by March 2017.

The new decision may delay the Brexit process; however, it unlikely to halt the UK from leaving the EU.

Further, the exact nature of the UK’s exit and its future relationship with the EU is still clouded with uncertainty.

The Brexit Task Force at Morrison & Foerster is closely monitoring developments in the UK and elsewhere to help you better understand the implications of the referendum on your business. Led from our London office, the Brexit Task Force includes leading authorities from Morrison & Foerster’s European and global network who are tracking developments to help with your contingency planning.

An Insider’s Perspective: A Conversation With Sir Paul Jenkins QC

 

On 14 September, 2016, Paul Friedman, Morrison & Foerster’s managing partner for Europe, interviewed Sir Paul Jenkins QC. Until recently, Jenkins was the most senior lawyer to the British government and adviser to three consecutive prime ministers: Blair, Brown, and Cameron. In the interview, Jenkins discusses the inevitable uncertainties surrounding the negotiated exit of the UK from the EU, as well as the possible business opportunities.

Brexit Briefings

On an ongoing and regular basis, we have issued a series of Brexit Briefings examining the legal implications with respect to competition, privacy and data security, trademark, intellectual property, restructuring, and tax issues, as well as the significance for emerging companies and the technology, media, and telecommunications sector.

Events

  • A Conversation With Sir Paul Jenkins QC: An Insider’s Perspective on the UK Government’s Brexit Negotiation (14 September 2016)
    This webinar was an opportunity for Angela Kerek, a finance partner in Morrison & Foerster’s Berlin office, and Paul Friedman, Morrison & Foerster’s managing partner for Europe, to interview Sir Paul Jenkins QC and get his perspective and insight into the UK Government’s Brexit negotiation strategy. The ultimate government insider, Sir Paul was until recently the senior most lawyer for the British government, having served as an adviser to three consecutive prime ministers: Tony Blair, Gordon Brown, and David Cameron.
  • Webinar Series for U.S. Clients: Doing business in Europe post-Brexit vote (14 July 2016)
    This webinar focused on developments on exit negotiations and possible models post Brexit; the outlook for investment strategies in Europe and the UK; implications for global, European and UK data privacy regulation; and tax considerations for U.S. companies with UK and European operations.
  • The European Securities Regime pre and post-Brexit (18 July 2016)
    In this West LegalEdCenter Webinar, Peter Green and Jeremy Jennings-Mares will provide an overview and discussion of the possible effect of a so-called “Brexit” on EU issuances of securities and transactions in other financial instruments.
  • Webinar Series for U.S. Clients: Doing business in Europe post-Brexit vote (14 July 2016)
    This webinar focused on developments on exit negotiations and possible models post Brexit; the outlook for investment strategies in Europe and the UK; implications for global, European and UK data privacy regulation; and tax considerations for U.S. companies with UK and European operations.
  • Brexit: Implications for Securities and other Financial Transactions (7 July 2016)
    In this PLI webcast, Peter Green and Jeremy Jennings-Mares provided an overview and discussion of the possible effect of a so-called “Brexit” on EU issuances of securities and transactions in other financial instruments.

Email Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.

©1996-2017 Morrison & Foerster LLP. All rights reserved.