Securitization: The SPV | Practical Law
A Practice Note providing a detailed discussion of transactional and legal matters relating to the role of the special purpose entity (SPE), also known as the special purpose vehicle (SPV), in a securitization transaction in which the securitized assets are originated in the US. This Note includes a discussion of substantive consolidation, true sale, and other matters relating to the SPV in a securitization transaction.