Abstract
This chapter is devoted to the 2001 Cape Town Convention on international interests in mobile equipment and its associated Aircraft Protocol sponsored by UNIDROIT and ICAO. Both instruments have secured a large number of ratifications. Their 99 provisions cover a wide range of issues relating to security and quasi-security interests in aircraft objects, railway rolling stock and space assets. The chapter examines the principles underlying the Convention, its sphere of application, the default remedies, the provisions relating to the International Registry for the registration of international interests and sales and the priority rules based on the order of registration. Key features of the overriding provisions of the Aircraft Protocol are also identified, including strong creditors' remedies in the event of the debtor's insolvency, remedies which are considered a key features in reducing the risks and costs of aviation finance.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
