Winddown / Shutdown (Wind Down, Dissolve)
When an SPV has fulfilled its purpose, it can be wound down or shut down. The steps required to wind down an SPV may vary depending on its structure and jurisdiction but generally follow a similar process. The basic steps to winding down an SPV include: 1) formally shutting down the entity according to its […]
Wire
Wire is a common phrase to describe wiring funds or wire transfer from one bank account to another. Wiring money is performed throughout the world as an effective way to transfer funds. In the context of SPVs, investors who want to participate in an SPV investment opportunity must transmit their investment money to the SPV. Money […]