Hein's legal theses and dissertations ; 020-00031.
This study is to introduce the whole business securitization which is prevalent in the United Kingdom, and analyze the possibilities of structuring such transaction in the United States. The securitization techniques developed in the U.S. was suited primarily for the refinancing of predefined receivables. However, many transactions during five years, instead of securitizing predefined receivables, securitized future cash flows created by a single business entity. This kind of transaction is called "whole business securitization."