Will Brexit affect the commercial agreements that my company has already entered into?
There is no escaping the fact that Brexit will have an impact on many areas, both commercial and personal, and commercial agreements are no exception. This will be because of the nature of the relationship between the parties that is encapsulated within such an agreement. For any commercial agreements already in place, particularly with companies that are based in the EU, we would recommend reviewing these and assessing the potential problems Brexit might create, with a view to either negotiating new contracts, varying any relevant clauses or varying the agreement as a whole by drafting in ‘Brexit clauses’. Our legal team can help with this process and advise you on appropriate next steps.
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