Special Purpose Vehicles: What They Are and How They Work 

Webinar Details

This program examines Special Purpose Vehicles (SPVs), covering what they are and how they are used.  It describes formation of bankruptcy remote SPVs and the role of independent directors and managers, focusing on Delaware law. The program provides a detailed discussion of post-formation considerations, including an overview of facts to consider when determining what constitutes doing business in foreign jurisdictions where the entity holds property.  It covers how to maintain an SPV to avoid pitfalls and maintain good standing.  And, finally it addresses how Certificates of Validation can be used to remedy certain defective corporate acts that can hinder a closing. 

Learning Objectives:

• Understand what Special Purpose Vehicles are and how they are used  
• Learn about the Bankruptcy Remote SPV and how to form one as a Delaware LLC  
• Understand post-formation issues such foreign qualification considerations when an SPV holds property in another state  
• Understand the steps for maintaining the SPV to keep it in good standing with the filing office 
• Learn about Certificates of Validation to cure certain corporate defective acts 

Meet the Host

Pia Angelikis, Esq.

Vice President of Government Relations and Legal Research

Pia Angelikis, Esq., is the Vice President of Government Relations and Legal Research at Cogency Global Inc. She has over 20 years of experience with premiere service companies in the UCC and corporate services industry, managing large teams of expert lawyers and paralegals conducting legal research for public filing requirements for multistate mergers, conversions and acquisitions, tracking and analyzing UCC Article 9 and business entity legislation in all 50 states and the District of Columbia, and providing thought leadership. Prior to her career in the UCC and corporate services industry, Ms. Angelikis litigated for 5 years in the areas of insurance defense and employment law. She wrote the winning brief resulting in the 9th Circuit published opinion, In re Complaint of Ross Island Sand & Gravel, 226 F.3d 1015 (9th Cir. 2000). Ms. Angelikis holds a JD from the University of California, Hastings College of the Law and is licensed to practice law in California.

Read Full Bio

Pia Angelikis, Esq.

Vice President of Government Relations and Legal Research

Pia Angelikis, Esq., is the Vice President of Government Relations and Legal Research at Cogency Global Inc. She has over 20 years of experience with premiere service companies in the UCC and corporate services industry, managing large teams of expert lawyers and paralegals conducting legal research for public filing requirements for multistate mergers, conversions and acquisitions, tracking and analyzing UCC Article 9 and business entity legislation in all 50 states and the District of Columbia, and providing thought leadership. Prior to her career in the UCC and corporate services industry, Ms. Angelikis litigated for 5 years in the areas of insurance defense and employment law. She wrote the winning brief resulting in the 9th Circuit published opinion, In re Complaint of Ross Island Sand & Gravel, 226 F.3d 1015 (9th Cir. 2000). Ms. Angelikis holds a JD from the University of California, Hastings College of the Law and is licensed to practice law in California.