A guide to Practical Law Finance's structured finance resources.
Introduction
This note acts as a guide to our resources on structured finance and ancillary topics.
Structured finance overview
For an introduction to structured finance, including an explanation of the key issues affecting structured finance transactions, see Practice note, Structured finance: overview.
For a guide to some of the main structures, asset classes and methodologies used in the securitisation market, see Practice note, Types of securitisation.
For an overview of UK covered bonds, including a guide to the legislation, deal structure, parties and documentation applicable to a typical covered bond transaction, see Practice note, Covered bonds (UK).
For an introduction to the different methods of perfecting security, the basic rules governing priority and contractual ways in which the rules can be varied, see Practice note, Perfection and priority of security.
For a note providing an overview of the issues that need to be considered when taking security over a foreign asset and/or from a foreign entity, see Practice note, Taking cross-border security.
For an examination of the various tax issues that arise in respect of offshore companies and offshore unauthorised unit trusts, including a summary of the main UK anti-avoidance provisions that need to be considered in relation to the tax treatment of UK investors investing in offshore funds, see Practice note, Offshore funds: tax overview.
The potential implications of insolvency law should be recognised when advising on structured finance transactions. The following resources provide an overview of various insolvency procedures.
Insolvency procedures
For an introduction to the aims of and background to corporate insolvency law, together with a brief overview of the various insolvency procedures available, see Practice note, Corporate insolvency: a guide.
For information on noteholder meetings held to approve material changes to the terms and conditions of the notes or other transaction documents, see Practice note, Noteholder meetings.
Although a Sharia compliant securitisation is structurally similar to a conventional securitisation, Sharia principles have a significant influence on the structuring of Islamic securitisations and the tradability of securitisation instruments.
For a standard clause true sale opinion for use in a standalone, English law legal opinion or as part of the main, English law transaction legal opinion delivered under a true sale securitisation, see Standard clauses, True sale legal opinion.
For information on the issues that may arise when drafting a UK tax opinion for a true sale securitisation and the way with which they are usually dealt, see Practice note, Securitisation: drafting tax opinions.
Execution of structured finance documents
For a guide to Practical Law's materials relating to the execution of deeds and documents, including links to the relevant materials on the legal formalities for creating a valid deed and the procedure to follow on a virtual execution of documents, see Executing deeds and documents toolkit.
Practical Law's resources on structured finance
Practical Law Finance resources on structured finance
Links to our resources on structured finance (click on the tab corresponding to each resource):
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