Jakob Widner comments in his recent ILO article on an Supreme Court decision regarding the applicable legal situation after Brexit.
The Austrian Supreme Court recently had to decide whether the Brexit referendum has an impact on the issue of which law is applicable to contractual obligations. Although the Supreme Court correctly came to the conclusion that the Rome I Regulation continues to apply to contractual obligations, it seemingly applied this only to court proceedings instituted before the expiry of the Brexit transition period.
Read the article here or in the Litigation Newsletter of the International Law Office!