LONDON — A client of Mishcon de Reya, the law firm leading Gina Miller’s court battle over whether MPs should vote before Article 50 can be triggered, lost £1 million betting against Brexit in the referendum last year.
“The polls were saying remain would win, the betting markets were saying remain would win and one of my clients put £1 million on remain to win” the June 2016 referendum, Maria Patsalos, a partner in law firm’s immigration practice, said at the Investment Migration Forum in Geneva on Tuesday.
Patsalos also described how the firm’s lawyers were prevented from leaving their offices by the front door during the court battle by protestors chanting “two four six eight, lawyers don’t decide our fate.”
Miller rose to political fame last year when she took Theresa May’s government to court over whether MPs should vote before Article 50 can be triggered.
She won the High Court case, defeated the government’s challenge in the Supreme Court and is now spearheading a nationwide campaign to support MPs who oppose hard Brexit in the general election on Thursday, June 8.
Miller wants May to give Parliament a final vote on the Brexit deal the prime minister brings back to Westminster from Brussels in two years’ time.
The investment migration industry — a complex network of law firms, accounting firms and private client specialists that help people invest in particular countries in return for visas or residency status — faces threats from a surge of political nationalism in the West.
The driving force behind Brexit and the administration of US President Donald Trump “will make our industry impossible,” Dmitry Kotchenov, chairman of the Investment Migration Council, said in a speech on “Walls and Fences in the Modern World.”
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