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ARTICLE · 08 JULY 2016

Client Alert: Brexit – What Silicon Valley Needs To Know

Fenwick
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The vote of the UK Electorate to leave the EU has politicians, economists, lawyers and commentators from all sectors speculating on what will happen next and over exactly what period.

United StatesInternational Law
Ralph Pais
Ralph Pais
Jonathan Millard
Jonathan Millard
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The vote of the UK Electorate to leave the EU has politicians, economists, lawyers and commentators from all sectors speculating on what will happen next and over exactly what period. While it is unlikely that there will be a sea change in the short term, at least legally, it is certainly prudent to prepare for the unknown. Below we set forth some immediate considerations for US companies regarding funding, operations, intellectual property and employment law.

Key Considerations for US-based Clients

The "Brexit Hangover"

The most immediate impact will be an economic one – as we have already experienced in the days following the referendum. Short and medium-term volatility in the currency and stock markets will likely impact business confidence; fears of a recession are real.

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