|Weekly News Digest
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Thomson Reuters Studies Brexit's Effect on Contractual Disputes
Thomson Reuters’ Legal business finds that the U.K. leaving the European Union (EU) “may result in a substantial minority of businesses changing from having their contractual disputes heard in the UK to being heard in EU courts,” according to the press release. The company’s report on the topic (registration required) notes that “35% of businesses surveyed by Thomson Reuters Legal business said they have already changed contracts so that disputes are heard in EU courts rather than in the UK. … [A]lthough London has historically been a global centre for dispute resolution, Brexit could weaken this position.”
For more information, read the press release.
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