Distressed Situations

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Authors: Kathleen Garrett

Cracked cement

Kathleen Garrett explores the positions of global courts regarding which insolvency proceedings fall within the ambit of Alternative A of Article XI of the Aircraft Protocol to the Cape Town Convention on International Interests in Mobile Equipment (CTC), and what this means for frequently needed restructuring reliefs, such as repudiation and amendment of contracts and repossession of affect assets.

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