The UK ETS after Brexit

The post below was first published on our Energy Notes blog. The end of the Brexit transition period on 31 December 2020 brought an end to the UK’s participation in the EU Emissions Trading System (the EU ETS), the bloc’s flagship ‘cap and trade’ scheme for reducing greenhouse gas (GHG) emissions. Having substituted this scheme … Read more

The UK Listing Review

The post below was first published on our Corporate Notes blog. The government has published the outcome of the Review of the UK listing regime undertaken by Lord Hill. The Review, which was launched in November 2020, was set up to look at possible reforms to the UK listing regime that would attract the most innovative … Read more

New Beyond Brexit Legal Guide section available: The Withdrawal Agreement Q&A

The updated Withdrawal Agreement Q&A section of our Beyond Brexit Legal Guide is now available. This provides a useful overview of: what the Withdrawal Agreement is and what it includes; the Northern Ireland Protocol and how it differs from the original backstop; the relationship between the Withdrawal Agreement and the European Union (Withdrawal Agreement) Act 2020 the applicability of … Read more

Impact of Brexit on applicable law in cross-border insolvencies

From 31 December 2020, the European Regulation on Insolvency Proceedings (the “EIR”) ceased to apply in the UK. As a result: The EIR provides the rules for when the law of the place in which the insolvency proceedings have been opened can be supplanted by another law, but only that of a member state. The … Read more

INSIDE ARBITRATION: A NEW FRONTIER – WHAT DOES THE BREXIT DEAL MEAN FOR CROSS-BORDER DISPUTE RESOLUTION AND FOR LONDON-SEATED ARBITRATION?

What does the EU-UK Trade and Cooperation Agreement mean for cross-border dispute resolution? What is the impact on English court jurisdiction clauses and on London-seated arbitration clauses?  We give some answers to the questions that our clients have been asking over the past days and weeks in our latest briefing on Brexit and its impact … Read more

New Beyond Brexit Legal Guide section available: Real estate

Following the UK’s exit from the EU, the UK and the EU have concluded a Trade and Cooperation  Agreement (the “TCA”) to set the basis for their future trading relationship. Having seen off the prospect of a no-deal Brexit, the fundamentals of the UK real estate market should continue to make it an attractive investment … Read more

Cross-border insolvencies in the UK and the EU – a quick guide

At 11pm on 31 December 2020, the UK left the European single market at the end of the transition period agreed as part of the 2019 Withdrawal Agreement. The EU-UK Trade and Cooperation Agreement that was reached on Christmas Eve made no provision for continued recognition of, or co-operation in, insolvency and restructuring proceedings. This … Read more

The post-Brexit horizon: opportunities for Japanese businesses?

Japanese businesses have welcomed the conclusion of the agreement between the United Kingdom and the European Union on their future relationship following expiration of the implementation period on 31 December 2020. The Chief Operating Officer of Nissan described the agreement as having created a “positive environment” with the company thinking of expanding its operations in … Read more