| Summary: | Completion guarantees are well known in the entertainment industry as a form of guarantee issued to motion picture and television producers to satisfy the requirements of their financiers. === This thesis reviews and analyzes some of the business and legal issues that arise in connection with completion guarantees, as the completion guarantor assumes an increasingly pivotal role in entertainment financing transactions. === The author discusses the current nature of North American entertainment financing and provides a brief history of completion guarantees. An analysis of the major forms of documentation involved in completion guarantee transactions follows. The obligations undertaken by the completion guarantor and their discharge are discussed, as are claims and reinsurance matters. === A considerable portion of this thesis examines the position of the completion guarantor operating in Quebec and, in particular, the security rights enjoyed by the guarantor in this province. === This thesis concludes by exploring the direction in which the completion guarantee industry is evolving, some extraterritorial considerations and the interplay between business and law in this field of endeavour.
|
|---|
