Member News

Brexit – Legal Implications for Irish Business

The United Kingdom has voted to withdraw from the European Union.

The A&L Goodbody team of experts (both ROI and NI) has closely monitored the Brexit debate and has summarised the legal implications for businesses and investors in Ireland and Northern Ireland.

In this update, we outline the likely withdrawal procedure, together with some suggestions as to how businesses with UK trading relationships and/or operations might begin to assess the legal consequences of Brexit for them.

While Brexit will have immediate and fundamental political and economic consequences, many of the key changes to the legalenvironment will evolve gradually over time. Businesses with exposure to the UK need to plan and organise themselves for the legal changes and business issues that may arise.

A&L Goodbody has been closely monitoring the Brexit debate for some time. We will continue to assess the implications for businesses in Ireland and Northern Ireland as the withdrawal process develops.

Our team of experts from all our key practice areas in our Dublin and Belfast offices will provide ongoing guidance and in-depth sectoral analysis.

The following is a summary of the likely withdrawal procedure, together with some suggestions as to how businesses with UK trading relationships and/or operations might begin to assess the legal consequences for them. The full analysis here

 

We will continue to update you on developments as they arise. In the meantime, our A&L Goodbody Brexit team is available to answer your queries. Please contact us at brexit@algoodbody.com.

 

Compliments of A&L Goodbody – A member of the EACCNY