Structuring Special Purpose Entities: Separateness, Bankruptcy Remoteness, and True Sales

November 2, 2022
Strafford Live Webinar

Restructuring and Finance Litigation co-chair Stephen B. Selbst and partner Steven B. Smith served as faculty for a Strafford Live Webinar panel discussion on structuring special purpose entities (SPEs). 

This CLE course prepared bankruptcy and finance counsel to structure special purpose entities (SPEs) to achieve bankruptcy remoteness and avoid substantive consolidation, as well as to keep assets that are the subject of a loan or other financing isolated. The panel discussed lessons from recent bankruptcy cases involving SPEs, including the debate on the validity of bankruptcy blocking restrictions.