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The Cape Town Convention, One Year Later
By Edward K. Gross
Fall 2007 Issue

The equipment finance industry reacted to the imposition in March 2006 of the Cape Town Convention and related Aircraft Protocol with alarm and some frenzied rewriting of aircraft finance closing procedures and documents. More than a year after the imposition of this treaty, the industry has settled into some common treaty-conforming practices, including modifications to "standard" business aircraft financing forms.