Belgium - Brexit is upon us. What does it mean for governing law and dispute resolution clauses in international commercial contracts?

  During the transition period, which started last week and will end on 31 December 2020, Brexit will have barely any impact: EU law remains applicable to the relationship between UK and EU parties, and the Court of Justice of the EU retains jurisdiction for the interpretation of these rules. As from 1 January 2021, the situation becomes much more complex if the EU and the UK do not agree on a bespoke private international law agreement in replacement of the EU rules.   > Applicable law: ke