Adding a second volume to the peerless country-by-country guide first published in February 2009, this book brings lessors, financiers, and operators valuable assistance in the management of aircraft during default periods and repossession proceedings in an additional 14 jurisdictions, bringing the total jurisdictions covered to 46. The two-volume set is also of great value as a preventive guide on issues arising in aircraft finance or lease transactions, especially in the drafting of associated contracts. Defaults, workouts, and repossessions of aircraft are still on the rise globally, and the situations that can lead to, or arise after, an event of default remain literally endless. This is the best way to be prepared for virtually any contingency. Local aviation law experts from each jurisdiction provide in-depth responses, country by country, to an extremely detailed questionnaire that includes eighty A real-life A| questions covering such categories as the following: A { self-help procedures; A { court proceedings; A { arbitration and other non-court proceedings; A { money claims; A { bankruptcy; A { non-consensual liens; A { rights and security interests in aircraft; A { deregistration powers of attorney; and A { export permit issues. Fees, time periods, costs of all kinds, remedies, immunities, required documentation, recognition of foreign judgements, interim measures and other court proceedings A- all these and many other crucial considerations are fully explained for each jurisdiction. Loaded with precise, up-to-date information and expert practical guidance, this two-volume set will be of enormous value to aviation lawyers, inhouse counsel of aircraft owners and operators, receivers, export credit agencies, banks, lessors, lenders and investors with an interest in the aviation industry.

Since the term 'BRIC' was coined by Jim O'Neill of Goldman Sachs- and initially dismissed by many as mere hype- it has become a ubiquitous financial term. At the time, it was predicted that by 2041- subsequently revised to 2039, and then to 2032- Brazil, Russia, India and China would become the future pillars of the 21st century, easily surpassing the six largest western economies. The ongoing global crisis has forced the world to look for opportunities outside traditional economic strongholds. Meanwhile, the BRICS- now also including South Africa- have evolved as a cohesive bloc with certain common features: a robust banking system, spectacular growth rates, a young population and, for several, mineral wealth. The Chinese economy, at about $5.9 trillion, has become the second largest in the world; at about $2.52 trillion, the Brazilian economy leads the United Kingdom's ($2.48 trillion). In demographic terms, the BRICS are also home to the world's two most populous countries. The BRICS markets will present tremendous growth opportunities in the coming years, and one day might comprise a bloc resembling the European Union- albeit geographically separate. They are now holding formal BRICS summits to discuss a range of issues, including closer cooperation on energy, food production, trade, investment, science, technology and infrastructure. This book, featuring a Preface by Jim O'Neill of Goldman Sachs Asset Management, provides an overview of the BRICS nations. Each chapter is authored by experienced lawyers, who provide insights on demography, political and legal systems (including investment regulations, competition policies, IP laws, taxation and labour laws) in a clear and comprehensive manner. The book serves as a preliminary and practical guide for lawyers, investors, corporations and entrepreneurs regarding the mode and methods of doing business in these jurisdictions.