The implementation of the Cape Town Convention (CTC) in Nigeria represents a pivotal shift in the country's aviation financing landscape. This research provides a thorough legal analysis of the protocol.
Key Objectives of the Analysis:
- To examine the enforcement of international interests in mobile equipment.
- To evaluate the impact of the CTC on the cost of leasing aircraft in Nigeria.
- To outline the remedies available to creditors in the event of a default.
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- Provide recommendations for harmonizing domestic laws with the CTC provisions.
Research Outcomes
The findings from this research are expected to guide policymakers, legal practitioners, and aviation stakeholders in navigating the complexities of asset-based financing in the aviation sector.
