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Andre Fiebig quoted in article “Suburban Companies with Ties to Britain Face Changes, Uncertainty”

Daily Herald

Below is an excerpt:

Elgin native Andre Fiebig, an attorney with Quarles & Brady, said local companies need to monitor changes in currency exchanges closely. They might consider changing contracts to be paid in U.S. dollars instead of pounds, or hedge, meaning they could lock a rate in U.S. dollars. They also should look at their British operations and see if it would be beneficial to move to continental Europe and be closer to their customers.