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Re: TERM co mam pouzit

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  • Lenka Mandryszová
    Mila pani Jicinska, mozna vam pomuze nasledujici definice: Offshore structured finance transactions depend upon the integrity of the legal arrangements by
    Message 1 of 1 , Apr 28, 2003
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      Mila pani Jicinska,
      mozna vam pomuze nasledujici definice:
      Offshore structured finance transactions depend upon the integrity of the legal arrangements by which a special purpose vehicle ("SPV") is constituted to enter into various obligations. Where an offshore company is used, the aim is to ensure that the separate legal personality of the company is maintained, and the company is not consolidated upon the issuer's balance sheet. Under Cayman Islands law the corporate integrity of an SPV depends in part upon the observance of corporate formalities and professional standards by the directors. It also requires the directors to have a thorough business understanding of the transaction in which the SPV is involved.
      Lenka


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