The UK’s departure from the European Union, following the referendum decision to leave, was due to take place at 11:00 pm UK time on Friday 29 March 2019.
Following Parliament’s decision not to back Prime Minister Theresa May’s withdrawal deal, Brexit will now be delayed.
Further debates in the House of Commons are ongoing. If the Prime Minister’s deal is rejected a third time, MPs will need to consider alternatives or face the ‘default position’ of no deal Brexit which could occur on Friday 12 April.
If MPs agree the Prime Minister’s deal, the country could potentially leave the EU on Wednesday 22 May, although the possibility of a further extension, a no deal Brexit, a further referendum, General Election and even a move to revoke Article 50 – effectively cancelling Brexit – have all been put forward as possible alternative scenarios.
That’s why RDP Newmans formed a Brexit professionals team.
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We do not know for sure how Brexit will affect each and every individual business, but we can drop in place safeguards and securities to ensure confidence for the future.
The team can advise on:
- Corporate restructuring, business expansion and investment
- Insolvency
- Company formation
- Supply contracts
- Variations of existing contracts
- UK and international joint ventures including shareholders agreements
- Advising overseas businesses and investors investing or starting up in the UK
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