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ARTICLE · 29 MARCH 2018

Counting Down To Brexit

RDJ LLP
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Ever since news broke in the early hours of Friday 23 June 2016 of the result in the UK referendum on leaving the EU, Brexit has maintained a constant presence in the news cycle to varying degrees of prominence.

IrelandCorporate/Commercial Law
Diarmaid Gavin
Diarmaid Gavin
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Ever since news broke in the early hours of Friday 23 June 2016 of the result in the UK referendum on leaving the EU, Brexit has maintained a constant presence in the news cycle to varying degrees of prominence. Yet now, approximately one year before the current deadline for the UK's departure from the European Union, many businesses have yet to engage in any degree of preparation or planning for the substantial and permanent structural change that Brexit will bring to the Irish economy.

Why might this be? With the to and fro of the Article 50 negotiations, the publication of position papers that are high on sentiment but lacking in detail, there is still a great deal of uncertainty as to the final outcome of the Article 50 negotiation process and what the ultimate impact of Brexit may be. Furthermore, the transition period contemplated by the draft withdrawal agreement will ensure a certain degree of business as usual until 31 December 2020. In those circumstances,

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