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The Repeal Bill—how great is it for restructuring & insolvency professionals?

The Repeal Bill—how great is it for restructuring & insolvency professionals?
Published on: 10 August 2017
Published by: LexisPSL
  • The Repeal Bill—how great is it for restructuring & insolvency professionals?
  • What does the Repeal Bill do (and what does it not do)?
  • How will the UK courts treat Court of Justice of the European Union decisions after the UK leaves the EU?
  • What will be the effect of the Repeal Bill importing the EIR into UK law?
  • Does the Repeal Bill cause any other problems for cross-border restructuring and insolvency professionals?
  • Beyond the Repeal Bill, what else would ensure that insolvency law works efficiently and effectively in cross-border cases?
  • How will UK-EU cross-border restructuring work after the UK leaves the EU and what would be the key features of the transition?

Article summary

Restructuring & Insolvency analysis: What impact will the draft European Union (Withdrawal) Bill (the Repeal Bill) have on restructuring and insolvency professionals? Chris Laughton, partner at Mercer & Hole, Chartered Accountants, explains that the Repeal Bill adversely affects practitioners, particularly in relation to cross-border matters and says, absent a ‘cliff-edge’ Brexit, any transition appears unlikely to be much more than a time-limited continuation of the status quo. or take a trial to read the full analysis.

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