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Barrist and O’Toole Discuss Special Purpose Entities at National Real Estate Law Conference

April 21, 2021

Partners Joy Barrist and Matt O’Toole will participate in a discussion of special purpose entities at the 33rd Annual RPTE Virtual National CLE Conference. Barrist will moderate “The ABCs of SPEs” panel, and O’Toole will be a panelist. The panel will include a discussion of the types of SPEs; separateness covenants; organizational agreement requirements; and various opinions related thereto, including nonconsolidation opinions, the “no authority to file” opinion and dissolution/springing member concerns.

Barrist, vice practice group leader of Potter Anderson’s Transactions and Corporate Counseling Group, offers a full range of commercial real estate law services involving the finance, acquisition, sale, lease and development of complex multimillion-dollar real estate projects throughout Delaware, around the country and internationally. She regularly represents banks and lending institutions, private equity firms, investors, developers, owners, landlords, and tenants.

O’Toole concentrates his practice on corporate and commercial transactions, particularly the structure and use of Delaware business entities, including corporations, limited liability companies, partnerships (general and limited) and statutory trusts. He often serves as counsel to lenders, borrowers, investors, managers, trustees and other parties involved in both domestic and international business transactions. His practice frequently involves providing third-party legal opinions concerning Delaware’s General Corporation Law, Delaware’s alternative entity statutes, the Delaware UCC and other applicable law.

For more information, visit the ABA Section of Real Property, Trust and Estate Law’s website.