Perpetual equity model
Maintained by Woodfine Capital Projects Inc.. Each revision is content-addressed by its commit hash.
- Track-B Phase B: fix 4 factual/coverage defects in corporate wiki (perpetual-equity-model cease-trade-order contradiction, wiki-structure newsroom factual inversion, accredited-investor-eligibility EN/ES parity gap, asset-vehicle-isolation Spain/Mexico coverage gap)
- docs(corporate): fix fabricated per-asset ICR distribution-gate mechanism -- real governing documents (Sixth/Seventh Amended LPA, Offering Prospectus Sections 1/2/3/5/7) describe the Interest Coverage Ratio as an aggregate partnership-level covenant on new borrowing (1.20x floor before issuing First Secured Mortgage Debentures), not a per-asset distribution gate with a suspension protocol; corrected across investment-units, distribution-declaration-mechanics, perpetual-equity-model, and 13 other articles that repeated or cross-referenced the fabricated version (EN+ES)
- style(corporate): consequence-first leads, batch 3 — governance-documents, investor-relations-policy, insider-reporting, filing-systems, annual-reporting-cycle, regulated-reporting-entity, four-jurisdiction-framework, perpetual-equity-model (EN+ES; no factual changes)
- style(corporate): sentence-case headings across 9 article pairs + consequence-first lead swap in direct-hold-framework (EN+ES; no factual changes)
- Drop the 'The' prefix from 3 category names (Fable/Opus both recommended: categories.yaml's own rule bans securities-form section-heading names like 'The Company'); fix 4 broken topic-direct-hold-framework links in root pages; fix 2 sovereign-deployment-architecture banned-vocabulary hits (EN+ES); fix 9 missing Interest Coverage Ratio wikilinks (EN+ES); fix holding-company-valuation-methodology.md's See-also-before-bottom-line ordering bug (EN+ES)
- Rescope remaining LP-specific claims (accredited-investor-eligibility.md's NI 45-106 scope, direct-hold-framework.md's general-partner mention, perpetual-equity-model.md's Take Over Bid mechanism, principal-alignment-fee-preservation.md's offering-cost-reimbursement/no-NAV-fee clauses) to Canada/US explicitly; convert 6 dangling plain-text 'Interest Coverage Ratio' references to proper wikilinks pointing at cre-financial-metrics.md across ifrs-forecast-methodology and sensitivity-and-stress-test-methodology (EN+ES)
- Ingest-grounding pass on distributions/ and risks/: fix a second instance of the fabricated transfer-refusal-grounds claim (perpetual-equity-model.md's invented 10% notification threshold, replaced with the sourced 20% Take Over Bid mechanism); trim unsourced T5013 slip/capital-account specificity in distribution-declaration-mechanics.md; fix stale topic- prefixed wikilinks across distributions/; drop 2 dangling plain-text references to the archived Interest Coverage Ratio standalone article. risks/ category reviewed in full — no fabrication found, only clean
- feat(distributions): build Index Topic for distributions category (Track-B Phase 3) — restructured _index.md/.es.md to protocol-index-topic.yaml (index_type: thematic, index_scope: distributions, Start Here card on distribution-declaration-mechanics, 2 thematic groups: distribution-policy-and-mechanics, exit-and-transfer, scope note, See also); tagged all 4 member articles with index_group frontmatter; EN+ES
- Correct perpetual-equity-model.md/.es.md — retitle Secondary Market to Over-the-Counter Transfer, fix no-consent/no-notification claim (10% notification obligation is real)
- editorial(titles): sentence-case re-casing across corporate wiki titles
- Phase C B1: corporate 6→13 category dirs; within-corporate moves (14 pairs); reports/ about-* band (9 renames + 1 merge); 13 flat-root topic-* moves; redirects.yaml created (38 entries). Corrected: topic-asset-evaluation is site-selection methodology, not valuations — reverted to root, added to corporate→projects cross-repo batch alongside topic-co-location-investment-thesis.