United Kingdom

Often referred to as the UK or Great Britain, the United Kingdom is a sovereign country located in Western Europe. The United Kingdom encompasses the island of Great Britain, the Northeastern portion of Ireland, and several smaller islands. Apart from the land-border it shares with Northern Ireland, the United Kingdom is surrounded by the North Sea, the Atlantic Ocean, the Celtic Sea, and the English Channel. It has the 12th largest coastline in the world.

The UK is a constitutional monarchy and is governed by a parliamentary democracy. Queen Elizabeth has been the reigning monarch since 1952, giving her the title of the longest serving head of the state. The capital city is London, which has a population of over 10 million residents. It is a global city and major financial centre not only in the country, but worldwide as well. The United Kingdom is comprised of four countries including: England, Wales, Scotland, and Northern Ireland.

The UK has sovereignty over 17 territories which includes three Crown Dependencies and fourteen overseas territories. The UK is governed under the monarch, and the Constitution is uncodified consisting mainly of statutes, international treatises, judge-made law, case law, and the constitutional conventions.

The UK is a member of the United Nations Security Council. It is also a standing member of NATO, G7 Finance Ministers, the G7 Forum, the Commonwealth of Nations, Council of Europe. WTO, OECD, and OSCE. It has recently withdrawn from the European Union in what has become famously known as the Brexit-split. The UK also has a “special relationship” with the United States and a close partnership with France, as the nation shares nuclear weapon technologies with both countries.

The UK has a highly diversified economy, with its GDP coming mainly from the service sector. It’s economy is greatly driven by the banking/financial sector, pharmaceuticals, international trade, and tourism. The aerospace industry is highly profitable for the UK, as is the motorsports industry, and agriculture industry. The British pound is one of the most highly used forms of currency as the UK deals with so many international partners in trade and import/export transactions.

The National Law Review covers a number of cases, litigation, and news stories from the UK. M&A transactions, ICO and bitcoin transactions, and the banking industry/financial sector; including the UK Financial Conduct Authority. The National Law Review also covers cases from the Employment Tribunal on cases involving wrongful termination, discrimination, and harassment. Visitors to the National Law Review will also find various news stories and new legislation post-Brexit, including the impending General Data Protection Regulation which will become effective in May of 2018. From news, to financial services, to litigation in the United Kingdom, visitors to the National Law Review will always find the latest content online.

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May
8
2020
Supermajors, Dividends and the Energy Transition Bracewell LLP
Oct
30
2015
UK’s New Reporting Obligations on Modern Slavery and Human Trafficking Bracewell LLP
Nov
10
2023
Offshore Petroleum Licensing Bill: Energy Security at the Forefront of the Government’s Legislative Agenda Bracewell LLP
Mar
19
2024
Protecting Energy Investments in Europe: UK Announces Withdrawal from the Energy Charter Treaty Bracewell LLP
Dec
15
2021
Buyers and Sellers Should Plan for Close Scrutiny of North Sea Oil and Gas Deals Bracewell LLP
Apr
6
2022
Challenging Policy on Climate Change Grounds Bracewell LLP
Jul
23
2013
Backing Fracking: UK Government Announces Shale Gas Incentives Bracewell LLP
Mar
19
2015
UK Government Announces Major North Sea Tax Cuts Bracewell LLP
Aug
15
2022
The UK National Security and Investment Act: Key Implications for the Energy Sector Bracewell LLP
Jan
16
2024
Expert Determination in the Energy Sector – When Will the Courts Intervene? Bracewell LLP
Jun
29
2016
EU Trade Secrets Directive and Brexit: Keep Quiet and Carry On Bracewell LLP
Jan
24
2018
JOA Defaults Reconsidered Bracewell LLP
Jul
20
2021
Liquidated Damages in the Context of a Termination: Supreme Court Reverts to the Status-Quo Bracewell LLP
Aug
23
2021
LNG In Europe 2021: Current Trends, The European LNG Landscape And Country Focus Bracewell LLP
Jun
4
2014
Underground Drilling Access for UK Shale Developers: The 300 Metre Question Bracewell LLP
Jul
15
2014
“Friendly Discussions” Obligation is Enforceable Under English Law Bracewell LLP
Oct
6
2014
One Further Step Towards UK Shale: Government Provides Underground Drilling Access for Developers Bracewell LLP
Mar
1
2022
Oil Spot Trading: Whose Terms Apply - The Incorporation of English Jurisdiction Clauses in Oral Agreements Bracewell LLP
Dec
27
2013
Unlocking the Potential of Shale Gas in the UK Energy Mix Bracewell LLP
Oct
30
2014
East Africa Oil and Gas Licensing Update – Q4 2014 Bracewell LLP
Jun
16
2020
LNG Developments Post-COVID-19 Bracewell LLP
Mar
1
2022
Good Faith in English Contract Law Bracewell LLP
Mar
31
2020
Climate Change Disclosures for Premium-Listed Companies on the London Stock Exchange Bracewell LLP
Jul
7
2023
DSAs: Calculating Security and the Role of Expert Determination Bracewell LLP
Jan
24
2019
JOAs and the Operator's "blank cheque" – UK Court of Appeal upholds decision on budget overruns Bracewell LLP
Mar
25
2019
Equivalent Project Relief in the Gulf Bracewell LLP
Jun
1
2021
Decommissioning Oil and Gas Wells in the UK – High Court Delivers Important Judgment with Ramifications for M&A Deals and the Provision of Decommissioning Security Bracewell LLP
Oct
31
2014
The Transparency Initiative: Are You Ready? Are you a UK company that operates in an EXTRACTIVE INDUSTRY? Bracewell LLP
Mar
17
2016
UK Government Announces Major Tax Cuts for Oil and Gas Industry Bracewell LLP
Apr
19
2021
Winds of Change: Big Oil's Move into UK Offshore Wind Bracewell LLP
Sep
9
2015
UK Government Continues The Fight for Shale Bracewell LLP
Nov
13
2015
What Constitutes Reasonable and Prudent Operator? Bracewell LLP
Aug
30
2016
Negotiating Production Sharing Contracts in the UK - The Dangers of Using Intermediaries Bracewell LLP
May
23
2019
Dropping Anchor: Parent company liability and the English Courts Bracewell LLP
Jun
25
2014
United Kingdom Announces Unconventional Petroleum Licensing Model Clauses Bracewell LLP
 

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