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Analysis

MPs Rule Out No-Deal Brexit Too Late For Corporate Britain

Law360, London (March 13, 2019, 9:29 PM GMT) -- The U.K. Parliament's vote against a disruptive no-deal Brexit on Wednesday is unlikely to reverse corporate contingency plans that have already sent operations and jobs across the border to protect companies from regulatory upheaval. 

The government has held on to the no-deal option for negotiating leverage with the European Union. Now, with the March 29 Brexit date looming, Parliament's intervention comes too late to make a difference, according to attorneys.

Legal experts say there are too many open questions, running from whether the government can still get a deal that guarantees a transition period to what kind of new trading relationship...

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