Special Purpose Vehicles: What They Are and How They Work
Now On Demand: Join us for an in-depth look at Special Purpose Vehicles (SPVs) — their formation, maintenance, and use under Delaware law, plus key insights on compliance, foreign qualifications, and Certificates of Validation.
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.
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.
Pia Angelikis, Esq.
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.
CLE/MCLE Information
Is this webinar eligible for CLE credit?
No, state CLE credit for this webinar is no longer available. Paralegals may still be able to self-report, where eligible, through the National Federation of Paralegal Associations (NFPA) and the National Association of Legal Assistants (NALA).
Note: For archived webinars, credit eligibility may change over time. If a webinar is no longer eligible for CLE credit, it may still be available to view, but without CLE accreditation. Please check the webinar page for the most current status.
Is there a fee to attend this webinar?
There is no fee to attend our webinars, but advance registration is required.
Who is this webinar suitable for?
Our webinars are open to all attendees, but they are generally most relevant to attorneys, paralegals, and other legal professionals.
Do I have to attend the entire webinar to receive credit?
To receive full credit, you must be present for the entire presentation and answer all poll questions throughout the webinar.
Will I receive a certificate of attendance or completion?
A certificate of attendance will be available for download by attendees who successfully complete all required webinar participation requirements.
How is CLE reported?
CLE reporting requirements vary by state. If your state requires self-reporting, our CLE provider will email your course number(s) within 7 to 14 business days after your attendance has been verified. If your state requires provider reporting, you will receive a separate confirmation email once your attendance has been reported.
Can I still receive credit if I watched the webinar on demand?
Credit availability for on-demand webinars may vary. Please check the webinar page for the most current CLE and paralegal credit eligibility information. To receive full credit where available, attendees must watch the full presentation and complete all required poll questions.
Does credit eligibility for your webinars expire?
Yes, CLE accreditation can expire. Please check the webinar page for the most current credit eligibility status.