Volume 10 (2013)

Volume 10 (2013) / Issue 1

Alex Fomcenco, 'The Special Purpose Vehicle: A ‘Micro Merger’ or Merely a Way of Cooperation?' (2013) 10 European Company Law, Issue 1, pp. 11–14


The purpose of this article is to investigate whether the situation where two companies appear as originators or sponsors behind a Special Purpose Vehicle (SPV) can be described as a merger, although on micro scale. Are the underlying grounds behind the creation of an SPV much different than those in a merger situation? What is actually happening when two enterprises originate an SPV? And what distinguishes an SPV from a joint venture, or is it the same thing?

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ISSN: 1572-4999
ID: EUCL2013003