Abstract

Structured Investment Vehicles or SIVs are highly complex derivative-related vehicles and products, typically involving offshore “bankruptcy-remote” special purpose companies and trusts, complex rules for the management of portfolios of derivative assets and additional rules for the distribution of funds between different investors and classes of investors. This paper illustrates the challenges and complexity of the bespoke drafting involved in SIVs and the type of litigation that could ensue, by considering a number of sections from key Structured Investment Vehicle contracts and questions recently considered before the English courts. Some student test problems and drafting exercises are also included in the paper.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.