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Security Interests under the Cape Town Convention on International Interests in Mobile Equipment (Paperback)
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Security Interests under the Cape Town Convention on International Interests in Mobile Equipment (Paperback)
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This book provides an extensive analytical examination of the Cape
Town Convention and its Protocols. The Convention aims to
facilitate asset-based financing and leasing of aircraft, railway
and space objects by establishing a uniform legal regime for the
creation and protection of security and related interests in these
types of equipment. The book provides a detailed treatment of
issues arising from the creation of security and other
international interests under the Convention, from the need to
ensure their priority among competing interests to the enforcement
of remedies in the case of the debtor's default or insolvency.
Security interests in aircraft, railway and space objects are among
the most frequently invoked mechanisms used to ensure repayment of
the debt. It is their significance, effectiveness and frequency of
use that explains this work's focus and scope.
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