DLA Piper‘s international finance team is ’highly competent and skilled with a commercial and pragmatic approach’. Its three-partner London securitisation group is able to co-ordinate expertise across the firm’s international network to handle complex multi-jurisdictional transactions, including public and private deals involving alternative finance platform lenders. A key example is Plata Finance Limited’s £250m inaugural public securitisation backed by unsecured consumer loans. Marcus Lovatt, who is ‘always pragmatic and business-oriented’, handled that deal. Steven Krivinskas, who assisted Mount Street as special servicer with a restructuring of a CMBS transaction, and Mark Dwyer, who acted for Concord Music in its $850m notes issuance, lead the London practice group.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team is highly competent and skilled with a commercial and pragmatic approach. They guide the clients through complex legal matters and still manage to find the cleanest route to the goal without overcomplicating things. We appreciate their dedication and their efforts to always deliver on time, even when the odds are against it.'
  • 'Marcus Lovatt has provided excellent advice to our business, helping structure complex transactions and leading us through the process from start to finish. Always pragmatic and business-oriented, he has helped us achieve significant goals within our transaction business with his dedication and skillset. A true professional!'
  • ‘The team is diligent, proactive and good transaction managers.’

  • ‘Marcus Lovatt is excellent. He is very good in a crisis and brings a logical approach to tackling difficult problems.’

  • 'The team is excellent - well resourced, diligent, thorough and great communicators. Everything appears to run very smoothly from the client\'s perspective.'

  • 'Marcus Lovatt is fantastic - extremely knowledgeable and also highly commercial. He is always calm, friendly and professional whilst going to all lengths to make sure the client is happy.'

Key clients

  • Together Financial Services Limited
  • Plata Finance Limited
  • Mount Street Mortgage Servicing Limited
  • Europejski Fundusz Leasingowy S.A.
  • Praetura Commercial Finance
  • Concord Music
  • Together Financial Services Limited
  • Plata Finance Limited
  • Mount Street Mortgage Servicing Limited
  • Europejski Fundusz Leasingowy S.A.
  • Praetura Commercial Finance
  • Concord Music

Work highlights

Advised Together Money (as originator, servicer, subordinated noteholder and cash administrator), in our role as drafting counsel, on the refinancing of Together Money's existing £1.5bn Charles Street private warehouse facility.
Advised EFL (as seller and servicer) on the securitisation of a portfolio of lease receivables originated in Poland by EFL. This was one of the largest transactions of its type in Poland. The bonds were acquired by Santander CIB, ING Bank Slaski and Bank of America.
Advising Concord Music on the issue of U.S. $850,000,000 Secured Music Catalog Term Notes, Series 2024-1, Class A Notes under its securitisation programme backed by music catalogue receivables.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Steven Krivinskas; Mark Dwyer

Other key lawyers

Marcus Lovatt