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Brexit News
Brexit News
10
Oct
By Dr Bärbel Sachs and Dr Johannes Schäffer
After a surprising 51.9% vote for Brexit in June 2016, Prime Minister Theresa May on 29 March 2017 filed the application to leave the EU under Article 50 of the Treaty of the European Union; the two-year period until the exit will thus expire on 29 March 2019. For company owners and executives it is high time to think about the effects on their own businesses, even if many concrete consequences may still be unclear.
Background
Political...
05
Oct
By Sinéad Power
The departure of Ireland’s biggest trading partner from the EU will undoubtedly create challenges. However, depending on the outcome of the current Brexit negotiations and the precise terms of the deal that might ultimately be struck, this seismic change in our business and legal structure will also create opportunities.
Speaking in New York recently, Ireland’s Chief Justice Mr Frank Clarke highlighted Ireland’s attributes “in the context of transactions or litigation which involve common law countries who wish to do business...
01
Oct
The Chequers proposals of the UK Government were a genuine, if belated, attempt to reconcile the expectations of the British people with EU realities.
But they ran into difficulty for the following reasons. If Chequers remained an opening negotiating position, it might have started a useful conversation.
But , under the pressure of domestic UK politics, Prime Minister May soon made it a “red line” position, and thus no longer negotiable.
From an EU perspective, Chequers was problematic because it would have...
28
Sep
VULCAN VIEW- KEY EVENTS THIS WEEK:
BREXIT Labour party delivers strong opposition to Theresa May’s Brexit at party conferenceIn his leader’s speech at this week’s Labour party conference, Jeremy Corbyn reiterated that Labour MPs will be voting against Theresa May’s Chequers plan. He announced that they will equally oppose a no-deal exit in the meaningful vote, which Mrs May has promised to parliament following the conclusion of negotiations in November. Mr Corbyn stated that the Labour party would only be willing to back...
18
Sep
By Kevin Butler | Managing Director
There has been a lot of worry about Ireland’s economic future in the aftermath of United States corporate tax cuts. Ireland became a mecca for US multinationals partly because of its low corporate income tax rate. Will the island nation still attract jobs and foreign investment?
The concerns are overblown. Multinationals still want access to the European market and its more than 500 million people. And Ireland’s welcoming business environment is much more than its 12.5-percent...
17
Sep
By Paul Hardy, John Forrest, Chloe Barker.
The UK government has published a collection of technical guidance notices to assist companies trading in or with the EU to prepare for a "no deal" Brexit scenario, whereby the UK leaves the EU on 29 March 2019 without an agreement in place to govern the future UK/EU relationship. Whilst the government states that a no deal scenario is "unlikely", it underlines the importance for businesses operating in the UK to consider the implications...
04
Sep
The UK Prime Minister, Mrs May, writes today that to have a second Referendum in the UK on Brexit would be “a gross betrayal of democracy”.
If she believes that, she does not understand democracy very well.
She seems to suggest that democrats, having made a decision, should not ever change their minds. In fact, democracy is all about creating mechanisms whereby voters CAN change their minds.
Democracy allows voters to change their minds, usually through parliamentary elections.
Totalitarian or dictatorial regimes, who...
13
Aug
BY JOHN BRUTON
Brexit is a British decision.
It means that Britain is seeking to withdraw from a contract it made with the other EU members, on the basis of which those countries opened their markets to British business, in a way it was not opened to other countries. That was the deal. In business, if one unilaterally withdraws from a contract, one does not normally expect to continue to enjoy all the benefits of the contract, afterwards. One expects to have...
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