Brexit – Implications for Commercial Law

We are now in the post Brexit period with the UK having signed a UK-EU co-operation agreement on 30th December 2020 (TCA). The TCA is the main agreement to govern the trade relationship between the UK and the European Union going forwards.

As businesses navigate through the post Brexit period, we can assist with providing legal expertise in advising on commercial contracts with European parties and what considerations need to be made when negotiating new arrangements. Businesses will be facing larger administration and customs charges and you may require advice on how the changing trading climate may impact on your particular business.

Particular commercial areas which may need to be considered more closely by UK business who continue to trade post Brexit include:

• Advertising and marketing;
• Commercial agents;
• Transfer of Undertaking Regulations (transfer of employment contracts
• Data Protection
• E-Commerce
• Supply of goods
• Supply of Services

In addition as a business you may have already found that you are required to adapt and make changes to your business, your workforce or plans for growth or acquisition due to Brexit. Machins Solicitors are ready to assist in helping with assess and advise on the legal implications of making changes to staff, terms of business and company restructuring as your planning develops.

Please contact Sarah Liddiard if you would like more information about the issues raised in this article or any aspect of insolvency and company law.