On March 29, 2019, Parliament voted down, for a third time, Prime Minister Theresa May’s plan for the United Kingdom to leave the European Union (“EU”). As a result, it remains unclear what the next steps for the Brexit...more
It is another critical week for the Brexit process in the U.K. Following the agreed extension between the U.K. and the European Council, the U.K. is scheduled to leave the European Union (EU) on 12 April (pushed back from 29...more
On 15 January 2019, the U.K. Parliament overwhelmingly rejected, by a margin of 230 votes, the proposed withdrawal agreement with the EU put forward by Prime Minister Theresa May. Rejection of the withdrawal agreement does...more
On 19 March the EU and the UK agreed the terms of a Brexit transition period ending on 31 December 2020. An updated colour-coded version of the EU’s Draft Withdrawal Agreement was published by the negotiators indicating which...more
In what looks set to be the last major Brexit development of 2017, the European Commission yesterday published its recommended draft negotiating directives for the next phase of the Article 50 negotiations. ...more
This is the sixth in an ongoing series of blog posts by Foley & Lardner LLP on the implications of the June 23, 2016 voter referendum in the United Kingdom (“UK”) to exit the European Union (“EU”) (“Brexit”). This current...more
The EU Withdrawal Bill has now entered the committee stage in the House of Commons. This is the stage at which Parliament gets into the detail of the Bill, including amending it if necessary. ...more
In the second round of negotiations for the U.K. exiting the European Union, the question of what rights citizens of the European Union and U.K. will have in the other’s territory after the withdrawal is being addressed. The...more
The Government took the first step to implementing one of its key Brexit policies today. The long-awaited Repeal Bill, formally named the European Union (Withdrawal) Bill, which was first announced in October last year, has...more
One of the UK Government's central objectives for Brexit is to bring an end to the jurisdiction in the UK of the Court of Justice of the EU ("CJEU"). A necessary implication of this objective is that, unless agreed otherwise...more
The United Kingdom's unprecedented vote to leave the EU will undoubtedly cause a broad range of legal issues in the future. This post focuses on the consequences of Brexit on parallel imports - a field of significant...more
In a speech that was ostensibly on the progress of the Capital Markets Union, Steven Maijoor, the Chair of the European Securities and Markets Authority ("ESMA") announced, that ESMA is planning possible measures to avoid a...more
UK Prime Minister Theresa May has today announced that she intends to trigger a General Election to take place on 8 June 2017. The announcement came as a surprise, having only been agreed this morning in a meeting of Cabinet...more
On 23 June 2016, the people of the United Kingdom (UK) voted in a referendum to leave the European Union (EU). The UK Government gave the EU formal notice of its intention to withdraw from the EU on 29 March 2017. This...more
The main focus of the commentary so far has been on the references to security (in the Article 50 notice) and the references to Gibraltar (in the EU response). What though does this mean for the Financial Services...more
This is the fifth in an ongoing series of blog posts by Foley & Lardner LLP on the implications of the June 23, 2016 voter referendum in the United Kingdom (“UK”) to exit the European Union (“EU”) (“Brexit”)....more
As anticipated, on this day, March 29th, 2017 British Prime Minister Theresa May has taken the historical step of formally notifying the European Council of the United Kingdom (UK)’s intention to withdraw from the European...more
The United Kingdom and the remaining European Union Member States ("EU-27") will negotiate the terms of the UK's withdrawal—and likely its future relationship with the EU—over the course of the next two years. European...more
Latest Developments - On 29 March 2017, the UK government delivered the formal notice to the other EU Member States that it is leaving the EU. The Brexit process is now formally under way. Companies of all sizes can...more
The following alert is directed to organizations with a presence in the UK or who anticipate the need to place talent at a UK work site. Seyfarth Synopsis: Yesterday, British Prime Minister Theresa May invoked Article...more
A group of current and former Citizen Bank branch employees from five states has admitted to fabricating information about the results of the Bank’s much-touted “Citizens Checkup” program (in which real customers are invited...more
Overview - The Prime Minister has issued formal notice of the UK’s intention to leave the European Union, triggering the start of a two-year negotiation process. The countdown has begun – but a countdown to what? ...more
On 29 March 2017, Sir Tim Barrow, the UK’s permanent representative in Brussels, personally handed over a letter, signed by Prime Minister Theresa May, to Donald Tusk, the President of the European Council, providing...more
The UK Government has set out a bold vision for a post-Brexit world: The UK as a global pivot; a strategic partnership with the EU; an enduring and perhaps an even more “special” relationship with the U.S. ...more
This Wednesday, the UK embarks on a journey not previously taken by any other EU Member State. The process for withdrawing from the EU, which will get officially underway following the UK's formal notification to the European...more