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Barend B.
Barend B., Legal Consultant
Category: South Africa Law
Satisfied Customers: 1336
Experience:  BLC LLB (Pret) LLM (Augsburg)
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I am looking to register(?) an SPV for a couple of film

Customer Question

Hello - I am looking to register(?) an SPV for a couple of film productions in South Africa but looking for next steps
JA: What state are you in? It matters because laws vary by location.
Customer: Oh, I see. I think I need to ask that question forward, and I am working from the US with investors in SA. So I have already learned something
JA: Has anything been filed or reported?
Customer: Nothing at all I am looking to get it started
JA: Anything else you want the lawyer to know before I connect you?
Customer: The films have not yet been funded, but I am trying to progress in parallel
Submitted: 1 month ago.
Category: South Africa Law
Expert:  Freddie Lombard replied 1 month ago.

Good afternoon,

Thank you for your question. I will try to assist you in answering it today but please feel free to ask as many follow up questions as you like until you are 100% satisfied.

In order for me to answer you, I am going to need a bit more information, so I might ask you a few questions.

What exactly will the purpose and form of the SPV be?

So, just to be clear, the films will be made in the USA or in the RSA?

You said the investors are from the RSA - do they invest by way of a loan to be repaid, or are they buying into the profit of the films?

Will they receive a set amount or will they get a percentage of the back end?


Expert:  Freddie Lombard replied 1 month ago.

I just want to follow up.

I have not received any answers to my request for further information.

Do you still need my assistance?