Articles

Articles by ‘James Worrall’

post  |  28:02:19

A client recently commented that the posturing (or as some might say strategic negotiation) going on between the UK government and the European Union at the moment reminded him of the negotiation (or some would say strategic posturing) he witnessed during the negotiation of a management buyout (MBO) a few years ago. On the surface both parties were extolling the virtues of quickly coming to an acceptable, profitable and commercially viable agreement. Behind the scenes however, each party was working hard to gain small but potentially significant concessions in order to tilt the balance of the transaction paperwork and terms in its favour.

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post  |  28:02:19

The potential consequences of a no-deal Brexit have been making headlines across many sectors for a while; this month sees new voices added to the concerned chorus – those of F1 team bosses.

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post  |  13:07:18

The Government’s proposals for the new financial services arrangements between the UK and the EU post-Brexit, detailed in yesterday’s White Paper, have been roundly criticised by key figures within the industry. Policy chairman of the City of London Corporation Catherine McGuinness has labelled the proposals “a real blow for the UK’s financial and related professional services sector” and warned of the impact on job creation and growth in the wider economy that would result if it forms the basis of the final deal.

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post  |  03:07:18

The European Banking Authority (“EBA”) has published an opinion in response to the current status of the Brexit negotiations. The opinion cites significant concerns regarding the preparation of financial institutions that will be affected by Brexit, particularly the impact of the potential loss of passporting rights, and highlights the potential for disruption if financial institutions are not adequately prepared for a no-deal Brexit.

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