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Getting The Deal Through

Global Overview

Jonathan Tickner, Sarah Gabriel and Hannah Laming

Peters & Peters

Tuesday 17 October 2017

The impact of Brexit

While it was hoped that a year after the United Kingdom’s surprise June 2016 referendum decision to leave the European Union there would be some clarity regarding the impact of Brexit, the lack of a clear plan before the vote and the unexpected result of a snap spring election have led to continuing uncertainty over the future of the relationship between the UK and the world’s largest trading bloc. Despite formal notice of the UK’s intention to leave the European Union having been given on 29 March 2017, it remains unclear how the UK will uncouple itself from myriad laws and institutions in which it has been interwoven for more than 40 years. For asset recovery practitioners, Brexit gives rise to a number of important implications.

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