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BREXIT and business law

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Basedow,  Jürgen
MPI for Comparative and International Private Law, Max Planck Society;

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Basedow, J. (2017). BREXIT and business law. China-EU Law Journal, 5, 101-118. doi:10.1007/s12689-017-0075-1.


Cite as: https://hdl.handle.net/11858/00-001M-0000-002C-C4A6-B
Abstract
The surprising outcome of the referendum on the future membership of the United Kingdom (UK) in the European Union (EU) has given rise to a large number of political speculations and claims. They will have to be realized within the framework of EU law and British constitutional law. This paper is meant to outline that framework and, in particular, the procedure that might lead to BREXIT, infra 1, as well as the options available for the negotiations about the future relations between the EU and the UK, infra 2. Its main thrust will be the legal consequences of BREXIT for the operation of primary and secondary EU law, infra 3–5. A final section will deal with the fate of international treaties concluded by the EU for Britain after BREXIT, infra 5. Particular attention will be given to possible implications for China.