Quote:
Originally Posted by Habsfan09
Is it possible that businesses will be able to sue for damages because of Brexit? After Germany decided to quit nuclear power the operators now get paid billions in damages.
If we are talking a British business, and very general terms like you rely on the eu market and now you're out of business, I am pretty sure you can't. I believe tort law doesn't extend to something like brexit, domestically (ianal).
Though they may have a secret deal with the government and could sue for breach of contract depending what it said. No one has any ****ing clue how many of these secret deals May signed us up to or the exact reassurances were given.
Foreign investors have grounds to sue, through a couple different mechanisms, but the problem is brexit is so unprecedented no one is really sure what sort of outcome is likely. It would depend on the type on investment if you could truly claim damages in a process that took a couple years to finalise, you can't just claim you had no idea no deal could happen as its been enshrined in law as a possibility. If a precedent is set the flood gates open. Oh boy the country will be paying off brexit for generations, like we did for WW2.
Oh and for fun if we take a no deal brexit this 39 billion we agreed we owe will be sued for by Europe if we tried to not pay and they are guaranteed to win in the Hague because we already agreed we owe it. I am rather enjoying leavers talking like the silver lining of no deal is we don't give them the money we owe or that this is a big card to play in the negotiations. We agreed to pay it in like 2012 as a defined future liability and David Davis reconfirmed this value in negotiations.