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A form of [[espievie]] where [[limited recourse]] is achieved by operation of the company’s constitutive documents, which segregates the company’s innards into segregated cells, assets in each of which are fully protected from claimants pertaining to other | A form of [[espievie]] where [[limited recourse]] is achieved by operation of the company’s constitutive documents, which segregates the company’s innards into segregated cells, assets in each of which are fully protected from claimants pertaining to other [[cell]]s. While their host [[espievie]] does, the cells in themselves do not have [[legal personality]] though. Contrast with [[incorporated cell company]], where the cells ''do'' have separate legal personality, and with normal old {{tag|SPV}}s, where you can achieve more or less the same thing contractually with a combination of [[limited recourse]] and [[security]]. | ||
{{seealso}} | {{seealso}} | ||
*[[Limited recourse]] | *[[Limited recourse]] | ||
*[[Bankruptcy remoteness]] | *[[Bankruptcy remoteness]] | ||
[[Incorporated cell]] | *[[Incorporated cell company]] |