True-Sales: Quest Continues to Create a Doctrine to Guide Investors, Creditors, Courts
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True-Sales: Quest Continues to Create a Doctrine to Guide Investors, Creditors, Courts
By Christopher Andrew Jarvinen, Partner, Richards Kibbe & Orbe LLP
Ever since the securitization market began its exponential growth three decades ago, scholars and lawyers involved in structured finance have searched for a secular "holy grail"—a clear legal definition of a true-sale.1
The quest is an important one.
Despite its...
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Christopher Andrew Jarvinen is a corporate restructuring partner in the New York office of Richards Kibbe & Orbe LLP. Jarvinen is an elected fellow of the American College of Bankruptcy, the American Law Institute, and the International Insolvency Institute. He holds a law degree from Boston College Law School and additional degrees from Brown, Harvard, and Yale universities in the U.S. and the business schools of FGV-EAESP (Brazil) and the University of Oxford (U.K.).