Being commercially reasonable — a higher test?

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Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

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Royal Mail appoints DLA Piper to legal panel

DLA Piper has been appointed to Royal Mail’s legal panel as part of its first comprehensive panel review since its listing on the London Stock Exchange in October 2013. DLA Piper was appointed to the panel alongside 11 other firms: Addleshaw Goddard, Bristows, CMS Cameron McKenna, DAC Beachcroft, Dentons, Herbert Smith Freehills, Macfarlanes, Michael Simkins, […]

Cat Griffiths index

Winning the Gen Y recruiting game

Talk to anyone over 35 about Generation Y and the complaints are predictable. They’re not interested in grunt work; they want the top job from the moment they join; they can’t live without their phones; they have a short attention span. Of course, such moans are born partly of exasperation and partly of envy. This […]

DLA Piper advises real estate company Octagon on refinancing of residential portfolio

DLA Piper has advised real estate company Octagon Residential S.à.r.l. on the refinancing of a German residential portfolio. Octagon was refinanced by a comprehensively secured senior loan by Deutsche Pfandbriefbank in the amount of 36 million Euro and a subordinated secured mezzanine tranche. The residential portfolio is located on seven sites in West Germany, including […]

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Le Chalet, Selfridges. Food and shopping. What’s not to like?

You know that thing, where you can’t decide where to go on holiday for Christmas and there are so many choices and what about Cornwall but there’s all those unused air miles and it would be lovely to go somewhere hot but really it’s double the price at this time of year and then you […]

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