22:
164:
to remove the legal ownership of the bankruptcy remote vehicle from the group, whilst retaining the economic benefits of it. Such structures are used where the vehicle's activities may give liability to the group as a whole, for example, under certain
254:
160:). However, in financial structuring, references to bankruptcy remoteness usually imply additional steps being taken to protect group members from attendant liability, such as by using an
39:
105:
86:
58:
43:
65:
157:
133:
has as little economic impact as possible on other entities within the group. A bankruptcy remote company is often a
72:
32:
258:
166:
54:
134:
273:
219:
79:
211:
141:
203:
161:
126:
152:
bankruptcy remote from other members of the group (except in limited circumstances where
237:
267:
223:
122:
145:
21:
130:
215:
207:
191:
153:
137:, and frequently deployed in the context of mortgage securitizations.
170:
15:
192:"The Structured Finance Market: An Investor's Perspective"
46:. Unsourced material may be challenged and removed.
8:
255:Special-Purpose Bankruptcy-Remote Entities
106:Learn how and when to remove this message
182:
7:
44:adding citations to reliable sources
140:In practice, due to the concept of
173:liabilities in certain countries.
14:
190:Fabozzi, Frank J. (2005-05-01).
20:
169:legislation, or in relation to
31:needs additional citations for
144:, most companies in developed
1:
290:
196:Financial Analysts Journal
158:pierce the corporate veil
259:American Bar Association
167:environmental protection
208:10.2469/faj.v61.n3.2725
125:is a company within a
135:single-purpose entity
40:improve this article
238:"Bankruptcy Advice"
55:"Bankruptcy remote"
156:are permitted to
142:limited liability
120:bankruptcy remote
116:
115:
108:
90:
281:
242:
241:
234:
228:
227:
187:
162:orphan structure
111:
104:
100:
97:
91:
89:
48:
24:
16:
289:
288:
284:
283:
282:
280:
279:
278:
264:
263:
251:
246:
245:
236:
235:
231:
189:
188:
184:
179:
127:corporate group
112:
101:
95:
92:
49:
47:
37:
25:
12:
11:
5:
287:
285:
277:
276:
266:
265:
262:
261:
250:
249:External links
247:
244:
243:
229:
181:
180:
178:
175:
114:
113:
28:
26:
19:
13:
10:
9:
6:
4:
3:
2:
286:
275:
272:
271:
269:
260:
256:
253:
252:
248:
239:
233:
230:
225:
221:
217:
213:
209:
205:
201:
197:
193:
186:
183:
176:
174:
172:
168:
163:
159:
155:
151:
147:
146:legal systems
143:
138:
136:
132:
128:
124:
121:
110:
107:
99:
88:
85:
81:
78:
74:
71:
67:
64:
60:
57: –
56:
52:
51:Find sources:
45:
41:
35:
34:
29:This article
27:
23:
18:
17:
232:
202:(3): 27–40.
199:
195:
185:
149:
139:
119:
117:
102:
93:
83:
76:
69:
62:
50:
38:Please help
33:verification
30:
274:Bankruptcy
177:References
131:bankruptcy
96:April 2022
66:newspapers
224:154613747
216:0015-198X
154:creditors
268:Category
150:de facto
148:will be
123:company
80:scholar
222:
214:
129:whose
82:
75:
68:
61:
53:
220:S2CID
87:JSTOR
73:books
212:ISSN
59:news
204:doi
171:tax
42:by
270::
257:-
218:.
210:.
200:61
198:.
194:.
118:A
240:.
226:.
206::
109:)
103:(
98:)
94:(
84:·
77:·
70:·
63:·
36:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
