Monthly Dose of Germany

Deloitte Legal Handbook for Real Estate Transactions

The third edition of Deloitte Legal’s “Handbook for Real Estate Transactions” provides an overview of the legal framework for real estate transactions related to various asset classes in 29 countries.

The last three years have seen unprecedented change. Companies have been re-evaluating their office stock in light of hybrid working policies, demand for residential properties with outside space increased during lockdowns, and the energy crisis, supply chain issues, along with the conflict in Ukraine, have created new variables for investors, end-users, and developers to consider.

With such a challenging economic climate, and continued uncertainty, investor requirements change, and it’s no longer possible to look at the domestic market alone. ESG is a good example. It is with these factors in mind that we updated the Deloitte Legal Handbook for Real Estate Transactions. Now in its third edition, it provides an overview of the main real estate regulations regarding transactions of different asset classes in 29 countries.

Implementation of the EU Mobility Directive reaches final stage

"UmRUG" on final track: After the German Federal Council (Bundesrat) published its statement on the draft bill on 16 September 2022, the German government's draft law on the implementation of the Mobility Directive (EU) 2019/2121 as of 27 November 2019 (UmRUG) was submitted to the German parliament (Bundestag) on 5 October 2022 for further negotiation and adoption. This means that the biggest change in German company law since the 2008 amendment to the German Limited Liability Company Act (GmbHG) is right around the corner. In terms of content, the draft bill submitted to the German parliament largely corresponds to the draft bill that was published in April. However, it also takes up points of criticism being voiced by practitioners. In this article, please find a brief update on the main changes.

Transactions News

We at Deloitte Legal Germany are constantly advising on numerous complex transactions and challenging projects.

We would be delighted to explain our services portfolio to you and discuss with you how we at Deloitte Legal Germany can assist you with your projects, whether in the field of Corporate Reorganizations, M&A transactions, including carve-outs, general commercial, employment law, IT/IP or LMC/LMS. Just reach out to us!

In order for you to better understand how we have helped other clients, we would like to hereinafter showcase information on a project that our teams have recently advised on.

Deloitte Legal advises ADAC Finanzdienste GmbH on credit card cooperation with Solarisbank AG:
A cross-office Deloitte Legal team led by Frankfurt-based IT/IP partner Dr. Till Contzen and Munich-based corporate/M&A partner Dr. Michael Fischer acted for ADAC in structuring the new cooperation with regard to all legal issues.
More information

Deloitte Legal Webcast Series

In our German language Deloitte Legal Update webcast series, we address current legal issues and developments that are important for corporate practice.

In our upcoming "Legal Update" webcasts we will discuss:

• Tipping points in the corporate crisis - when corporate financing "breaks down”: In this webcast on corporate financing in times of crisis, our experts Frank Tschentscher and Arne Wittig will talk about such tipping points and show ways to prevent their occurrence or at least mitigate their impact on corporate financing. | Wednesday, 26 October 2022 | 11:00 - 11:45 a.m. Register here (Webcast in German language)
• Arbitration as a dispute resolution tool: pros & cons, tips & tricks, dos & don'ts: In this webcast, our speakers Francis Bellen and Iris Kruse will give you an overview of the general process as well as the advantages and disadvantages of arbitration. | Wednesday, 9 November 2022 | 11:00 - 11:45 a.m. Register here (Webcast in German language)

You can download the presentation of our webcast "Cyber Security in the Municipal Sector - How do we secure municipalities? Current challenges and developments in cyber security" here (in German language)

In our Webcast Archive, you can find a list of previous webcasts and also download the corresponding presentations.

Should you be interested in topics discussed during one of our German language webcasts, do not hesitate to contact the respective presenters – they will be delighted to provide you with additional information in the English language.