July 22, 2019

July 19, 2019

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Brexit Update: Challenges and Opportunities in a No Deal Scenario

In this Special Report, we explain some of the key legal implications associated with the United Kingdom leaving the European Union without a deal for future relations being agreed between themselves.

In the event of no agreement being reached, the United Kingdom and European Union will trade on the basis of World Trade Organisation (WTO) rules. Any reference to "no deal" in this report should be understood as being a reference to trading on WTO rules in place of a formal deal between the European Union and the United Kingdom.

This report aims to provide a degree of reassurance amidst the prevailing uncertainty that the prospect of a "no deal" Brexit brings. The topics covered include:

  • Banking and financial services
  • Tax
  • Contracts and enforceability of judgements
  • Employment law
  • Data protection
  • Health care regulation

Read More

© 2019 McDermott Will & Emery


About this Author

Hamid Yunis Partner London McDermott Brexit Healthcare Industry M&A Corporate Finance Private Equity Global
Head of London Office

Hamid Yunis advises clients on complex areas of transactional law (M&A, Investments, Private Equity, Major Projects and Corporate Finance) predominantly within the health industry. He has substantial experience in innovative structures for complex joint-ventures, public-private partnerships and funding arrangements. Hamid has a significant background in corporate, funds, major projects and infrastructure transactions both in a UK domestic and international context. His experience spans Europe, the Middle East, Asia (in particular, the sub-continent, the ASEAN region, China and Japan)...

Sarah Gabbai Lawyer London McDermott Brexit Corporate Tax M&A Leveraged Finance

Sarah Gabbai focuses her practice on corporate tax and has a wealth of experience advising clients across a full range of UK and international tax matters. Her areas of specialty include tax structuring and advisory matters for multinational technology, health care and life sciences groups, as well as tax aspects of private equity transactions, M&A, leveraged finance, group reorganizations, private funds, debt capital markets and debt restructurings.

Sarah has considerable experience of advising clients on operational taxes (including stamp taxes, withholding taxes and FATCA/CRS), particularly in connection with leveraged finance and debt capital markets transactions, and also regularly advises on employment tax matters (including the taxation of equity incentives).

Prior to joining McDermott, Sarah was a senior associate at another US law firm, and has also previously worked at a Big4 accountancy firm. She has written articles on particular topics for various publications, including Tax Journal, International Tax Review, Tax Notes, Westlaw and British Tax Review.

Martin Lambe, McDermott Law Firm, Corporate Law Attorney

Martin Lambe represents sponsors, lenders, energy companies and private equity firms on a variety of energy, renewables, project finance and other commercial matters. His experience of project finance includes advising project companies, sponsors and lenders in the energy, transport, health care and defense sectors. 

Previously, Martin worked in Taiwan as a consultant to a major international engineering consortium on a high-speed rail project (the largest global construction project at the time) in respect of which his responsibilities included...