Brexit places the UK out of the judicial cooperation area in the EU; will this be the end of English law in the continent?
English law, courts and lawyers are a popular option for business transactions in the EU. Brexit could possibly change that, not so much because of obstacles to a valid choice of English law or the enforceability of judgements rendered by English courts but because the UK is now outside the many procedures for judicial cooperation within the EU (summoning, taking of evidence and other forms of judicial cooperation) which are vital for effective cross-border litigation.
Transport and Shipping Newsletter - December 2020
Brexit: Main changes for the maritime and port sector coming into effect on January 1, 2021
The transition period under the “Withdrawal Agreement” signed between the European Union (EU) and the United Kingdom (UK) in which the UK and the EU have to negotiate the terms that will govern their future dealings is set to end on December 31, 2020.
Brexit is here: how companies will be affected
On January 31 the UK's withdrawal from the European Union took effect and a transition period began until December 31 this year, in which EU law will continue to be applicable in relationships with the United Kingdom, while waiting for a future agreement setting out the conditions governing bilateral relationships from that date onwards. Until this happens, companies crucially need to prepare contingency plans enabling them to anticipate and start preparing for any processes that will take longer and will be necessary to continue trading with the UK from 2021.
New Brexit information leaflets for operators published on the AEAT’s website
The Spanish Tax Agency (AEAT) publishes new leaflets to assist operators with their obligations in relation to Brexit (see here).
Contingency measures have been adopted by the Portuguese Council of Ministers in the event of a no-deal Brexit
As already adopted by other EU member states, on 12 September 2019 contingency measures were approved by the Portuguese Council of Ministers and should be applied to credit institutions, investment companies and management entities with head office in the United Kingdom in the event of Brexit without a deal.
No deal Brexit: towards a 50 billion euros international lawsuit?
A no deal Brexit could prompt legal action by the European Union against the UK to claim payment of the financial obligations it assumed before its exit. This massive lawsuit, over a sum possibly in the region of 50 billion euros, could have extremely serious implications for the UK as a sovereign state.
These are Spain's measures to prepare for a no-deal Brexit in the fields of employment, judicial cooperation, financial services and customs
The Spanish government has adopted a range of contingency measures to prepare for the event of the United Kingdom leaving the European Union without an agreement on March 30, 2019. They are temporary measures approved through Royal Decree-Law 5/2019, of March 1, 2019. In this article we discuss the ones relating to employment and social security, to judicial cooperation in civil and commercial matters, to financial services, and to customs.
Spain approves Brexit labor contingency measures
Royal Decree-Law 5/2019, of March 1, 2019, adopts a number of contingency measures in light of a potential no-deal regarding the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union on March 30, 2019, including labor and social security measures.
For whom the bell tolls: the predominant law post-Brexit
Article by Rafael González - Gallarza, partner at Corporate and Financial Law Practice of Garrigues in Madrid.