Brexit

Overview

On 29 March 2017, the UK government served formal notice under Article 50 of The Treaty on European Union to terminate the UK's membership of the EU. This starts a two-year notice period which means that the actual UK exit (or 'Brexit') will be in March 2019 (subject to the unlikely possibility of the withdrawal agreement being concluded sooner). In the meantime, the UK and EU will seek to negotiate the terms of exit and their future trading relationship. The government has indicated its aim of a phased process of implementation of such new arrangements (which will also be a matter of negotiation). Some of the immediate challenges for businesses will arise from the impact of Brexit on the free movement of goods, services and workers and a number of areas covered by the single market, including the protection of IP rights. Forward planning is, therefore, key.

Our Brexit resources include over 30 practice group and sector briefings, practical tools for businesses and various videos. These can be accessed via the links below. We have a team of contacts who can discuss the subject directly with you and offer further guidance. If this would be helpful, please do get in touch with one of our team.

Brexit briefings

Aviation Satellites commercial Product compliance and liability Tech and Comms Corporate Employment Public Procurement Life sciences Energy Dispute Resolution Tax Financial Services Competition IP Franchising Privacy and data protection Media Brexit and US Businesses Legal process and future uk eu relationship Asian brands in the EU

EU Legislation Tracker

Bird & Bird's EU Legislation Tracker highlights Regulations and Directives scheduled to take effect or to be implemented by Member States in the period to the UK's departure from the EU. It does not provide an exhaustive survey. Instead, we have sought to summarise some of the key legislation, both draft and finalised, which we are tracking in the run up to Brexit and which are likely to be of interest to companies which do business in the UK and/or elsewhere in Europe.

The Tracker includes a short commentary on the substance of each of the measures identified, and a timeline for their known or likely effective dates (for Regulations) or implementation deadlines (for Directives). These are colour coded by reference to the likely date of Brexit. Click on the links below to access full details.

For the purposes of the Tracker, we have assumed that the UK will exit the EU two years from its service of Article 50 notice (i.e. 29th March 2019). Ultimately the UK's Great Repeal Bill will determine whether the UK will retain, implement, amend or repeal the legislation summarised in our Tracker and the date when this will happen.

Aviation Data Protection & Cybersecurity HR and Employment Banking & Financial Services Intellectual Property Media Tax

Commercial Drafting Checklist

Entering into new commercial agreements during periods of economic or political uncertainty can give rise to unique challenges. As the UK negotiates its exit from the EU, we have highlighted some Brexit related issues which parties may want to consider when contracting during this period. With contributions from lawyers in our IP, Dispute Resolution and Commercial groups, the tool flags a number of issues that have already been shown to be relevant. However, it isn't an exhaustive checklist and there may well be additional issues to consider depending on the precise nature of the agreement concerned and progress with the Brexit negotiations. As ever, we would advise parties to seek specific legal advice on the particular deal being entered into. 

View the checklist >

Videos


 


Brexit & the Media Sector: Part 1

In the first of our three part series looking at the impact of Brexit on the media sector, Caroline Povah and the MediaWrites team give a short overview of the UK government’s approach to Brexit.

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Brexit & the Media Sector: Part 2

In part two of our Brexit & The Media series Caroline Povah looks at some of the pros and cons of Brexit for the media sector.

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Brexit & the Media Sector: Part 3

Required to comply but no longer able to influence: Caroline Povah discusses the areas where continuing to trade with the EU might leave limited scope for change in part three of our Brexit & The Media series.

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