New Trade and Cooperation Agreement: Key Highlights
The EU and UK have now agreed on the terms of a New Trade and Cooperation Agreement in regard to Brexit. This agreement covers a number of areas relating to the future relationship between the EU and the UK, but does not cover the majority of services, including financial services, in any meaningful way.
With the transition period ending on 31 December 2020, how will the terms of the Brexit agreement impact your transactions?
Brexit Agreement: Impact on Cross-Border Transactions
Our Brexit memo identifies the principal changes that took effect on 1 January 2021 that will impact cross-border transactions including:
- Financing and Restructuring considerations including on recognition of insolvency proceedings;
- Impact on Capital Markets including on EU public offerings / listings and private placements;
- Implications for Public and Private M&A and European Competition; and
- Key Tax considerations for financial services providers and corporate groups with subsidiaries in the UK and EU
Download our recent Brexit memo to learn more.
S&C Brings More Than 100 Years of Experience with Cross-Border Transactions in Europe
Sullivan & Cromwell has worked on many of the largest, most complex and highest-profile deals in Europe. Our integrated teams of European and U.S. lawyers make us a premier choice of counsel for cross-border transactions in Europe and transactions with multijurisdictional elements. The team advises on English, French, German, European Union and U.S. law, including on European competition matters.