Ministry for infrastructure and the environment, the netherlands. Why the world needs project finance and project finance lawyers john dewar, milbank llp 1. Collection securing performance in power projects by gergely szaloki ll. This imbalance is unfortunate, because in light of their complexity, sheer magnitude, and social impor. Bjerre international project finance transactions have generally attracted the attention of legal scholars to a much lesser degree than have securitization transactions. Even in the book security analysis, graham and dodd 1934 included an appendix. In part iii, i shift part iis considerations of consent and coercion from the doctrinal to the social level. Our project finance and infrastructure lawyers advise clients on all aspects of project. Duke university school of law accessibility statement contact duke law duke university home accessibility statement contact duke law duke university home. Securitization viewed from the unsecured creditors.
The book continues to be accessible to those with little experience in project finance, while maintaining the insight and detail of previous editions that has made it a valuable reference for the experienced lawyer. Paul forrester 1 there is a huge unmet need for project financing both domestically and internationally. Introduction this paper analyzes securitization and more generally special purpose vehicles spvs, which are now pervasive in corporate finance. Securitization is not easy, so to assist those venturing into the securitization world helpful examples and detailed checklists and templates are provided to guide the reader through. Securitization constitutes a key segment of structured finance. Going beyond securitisation to cover all aspects of structured finance and the various types of transactions within, this book offers a comprehensive introduction to nonrecourse financial techniques and assetbased lending. Project finance, securitization and consensuality duke law. Legal issues of crossborder project finance focusing. This book will create the necessary awareness and provides the reader. Further copies of this book and others in the series can be ordered from the publisher. This is achieved by adopting a project management approach. International relations influence secured transactions management.
Sens book makes a powerful moral and philosophical case for evalu. The law and business of international project finance a resource for governments, sponsors, lawyers, and project participants. Sipf can also play a critical role in achieving sustainable infrastructure, because all three. The law and business of international project finance by. Project finance, securitization and consensuality by. Various types of securitization transactions can be used to assist in meeting this need. It is a technique by which identified receivables and other financial assets can be packaged into transferable securities and sold to. Books, 2000 capital loan renders the business that cash it requires to keep growing till it. Securitization structured finance solutions deloitte. A theoretical and empirical analysis of structured finance. International project finance transactions have a very high, dramatically visible degree of impact both positive and negative on third parties, far more patently so than do securitization transactions. Bjerre, project finance, securitization and consensuality.
Securitization of project finance loans new york university. Structured finance lbos, project finance, asset finance. Project finance, securitization and consensuality core. The result is a structured analysis of each project stage of typical finance securitization projects.
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