Steve Quinlivan Quoted in Bloomberg BNA Story on Brexit Implications
Corporate attorney Steve Quinlivan was quoted in a recent story in Bloomberg BNA on growing areas of risk for U.S. companies' corporate profits in the wake of the United Kingdom's decision to leave the European Union.
U.S. companies are warning investors that uncertainty over future trade deals and potential tax implications are two areas of concern. Since the Brexit vote last month companies are predicting lower revenues, problems moving people and products across borders and continued exchange rate volatility.
“The biggest known theme is the unknown. The manner and timing for exit have not yet been determined, and it can go down several paths," Quinlivan says in the story.
As the uncertainty clears around what the Brexit vote means, shareholders can expect more disclosure from their companies.
Steve is a partner in the firm's Minneapolis office and frequent contributor to the firm's Dodd-Frank.com blog. He practices primarily in the areas of mergers and acquisitions, REITs, sports law, securities and international transactions. He also has significant experience counseling boards of directors in corporate governance and liability-related issues.
Read the full story: "U.S. Companies Disclose Brexit Risks in Financial Filings."