Brexit—impact on private M&A transactions
Brexit—impact on private M&A transactions

The following Corporate practice note provides comprehensive and up to date legal information covering:

  • Brexit—impact on private M&A transactions
  • Due diligence
  • Cross border transactions
  • Geographical structure and potential for business interruption
  • Regulatory approvals and registrations
  • Licences and consents
  • Intellectual property rights
  • Potential for termination of material contracts
  • Recognition of legal personality and limited liability
  • European branches
  • More...

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: What does IP completion day mean for Corporate lawyers?

At 11pm UK time on 31 January 2020 (exit day), the United Kingdom left the European Union in accordance with a ratified Withdrawal Agreement between the UK and the EU.

The UK is now regarded by the EU as a ‘third country’, ie it is a country that is not an EU Member State or a member of the European Free Trade Association (EFTA). Nevertheless, in accordance with the Withdrawal Agreement, the UK’s relationship with the EU is currently in a transition period (referred to in the UK as the ‘implementation period’). During the implementation period, the UK remains bound by existing and new EU laws and subject to the jurisdiction of the Court of Justice of the European Union. However, it is no longer a member of the political institutions or governance structures of the EU. The implementation period

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