Title
The UNIDROIT Convention on International Interests in Mobile Equipment: a Belgian Perspective The UNIDROIT Convention on International Interests in Mobile Equipment: a Belgian Perspective
Author
Faculty/Department
Faculty of Law
Publication type
article
Publication
Dordrecht ,
Subject
Law
Source (journal)
Revue européenne de droit privé. - Dordrecht
Volume/pages
12(2004) :1 , p. 75-90
ISSN
0928-9801
vabb
c:vabb:151361
Carrier
E
Target language
English (eng)
Affiliation
University of Antwerp
Abstract
Despite the major crisis in Belgian aircraft industry, Belgium has not signed the UNIDROIT Convention on International Interest so far. This contribution analyses the traditional financing techniques which are used within this industry according to national Belgian law, and the compatibility of the Convention with the concepts of Belgian security and finance law. The contribution entails the conclusion that there are no decisive points of incompatibility between the Convention and the system of Belgian law. Hence, it is highly recommendable that Belgian government assumes the economic benefits of the Convention and takes the necessary steps in view of the implementation of the Convention for Belgian aircraft industry.
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