Brexit countdown – Don’t bank on a passport

25 November 2016

Philip Hammond’s autumn statement earlier this week arguably could have been renamed the “autumnal statement” since the chancellor’s underlying tone suggested the UK is entering a period of gradual decline and slowdown. Does a Brexit Winter lie ahead? And if so, how can we prepare for it? Charles Proctor, a partner at City of London […]

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Hard Brexit and the banking industry

15 November 2016

It is now clear that the United Kingdom is committed to Brexit, although the nature of any continuing relationship with the remainder of the EU remains to be negotiated. However, it seems unlikely that the current EU passporting system for the financial services industry will continue to apply to UK institutions, or to EU banks […]

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What to look out for in employment law in 2017

12 November 2016

Every year sees new developments in employment law, and 2017 will be no different. Caroline Philipps, an associate in the Fladgate Employment team, looks at those areas of employment law that are likely to be of greatest interest in the New Year. Equal pay One of the most anticipated developments in employment law in 2017 […]

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Do you want a hard or soft-boiled Brexit?

10 November 2016

Charles Proctor explains how the UK could declare itself a free trade zone by ceasing to impose tariffs on imports immediately after its split from the European Union. UK politicians have spent the last few months arguing over the shape of a post-Brexit deal with the EU: will it be ‘hard’ or will it be […]

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Brexit countdown – legal update as leave approaches

14 October 2016

Charles Proctor joins the commentary about the Brexit countdown in The Brief. Kiss tariffs goodbye As the most recent Nobel prize winner did not quite sing at Desert Trip in California last weekend: “It’s a hard, it’s a hard, it’s a hard Brexit gonna fall.” Indeed, writes Edward Fennell, there’s a good chance that the […]

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Hard Brexit and UK Trade: A Bold Step?

11 October 2016

The recent Conservative Party Conference in Birmingham has served to reinforce expectations of a “hard Brexit” when the UK seeks to negotiate withdrawal arrangements with the other EU Member States. The discussions are likely to be difficult and protracted, with no guarantee of a satisfactory outcome. In view of that situation, Charles Proctor has been […]

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I’m a retailer – Get me out of here!

19 September 2016

Although online sales have become increasingly important to fashion retailers, most still want a “bricks and mortar” presence on the high street too. In times of relative prosperity, retailers may open and operate multiple stores, but when confidence in the economy wavers, as some commentators have suggested may happen following the Brexit vote, retailers may […]

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A look at post-Brexit trademark protection

16 September 2016

The fashion powerhouse Christian Louboutin (Louboutin) has been litigating to protect its iconic red-soled shoes since 2011. It began in the United States and has meandered through various courts in Europe, finding its way to the European Court of Justice (ECJ). Here we take a brief look at Louboutin’s fight to protect its trademark and […]

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Brexit exits – don’t get caught out by the IHT deemed domiciled rules

30 June 2016

Brexit uncertainties may be giving fresh impetus to many UK resident non-UK domiciliaries who are thinking about their residency plans. However, for res non-doms, it’s important not to lose sight of another key tax change now on the horizon – the change in the Inheritance Tax (IHT) deemed domiciled rules. A person is deemed domiciled […]

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Article 50: understanding the legal architecture around Brexit

30 June 2016

The withdrawal process, rather than being a straightforward process of exit, raises complicated legal and political issues. For now the UK remains a member of the EU. Last Thursday’s referendum is not a formal, legally binding trigger for a UK exit. Article 50 of the Lisbon Treaty is the only legal route to withdrawal and […]

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