Law360, New York (June 28, 2016, 2:53 PM EDT) -- The final result of the United Kingdom referendum on June 23, called to determine the U.K.'s ongoing relationship with the European Union, was extremely close: 51.9 percent voted to leave the EU and 48.1 percent voted to remain; a difference of a little over a million votes. Although the referendum is not legally binding, the U.K. government is under no legal obligation to implement the decision made under the terms of the European Referendum Act 2015, and will need to seek the approval of Parliament in order to implement the decision, some commentators view it as politically untenable not to do so. Others, however, view this as the premise to call a general election — particularly in light of the appointment of a new Conservative Party leader (and therefore prime minister of the U.K.) in October. While many have commented on Donald Trump's "hostile takeover" of the Republican Party, some are pointing to the "reverse takeover" of the U.K. Conservative Party by a fervently anti-European minority which coalesced with other interests in the referendum campaign....
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