NIGERIA
Nigeria Abuja
Benin
Law and Practice Contributed by: Tamuno Atekebo, Chinasa Unaegbunam, Naomi Kabowei
Cameroon
and Favour Osayuwamen Streamsowers & Köhn
Contents 1. Aircraft and Engine Purchase and Sale p.430 1.1 Sales Agreements p.430 1.2 Transfer of Ownership p.430 2. Aircraft and Engine Leasing p.431 2.1 Overview p.431 2.2 Lease Terms p.432
2.3 Lease Registration p.432 2.4 Lessor’s Liabilities p.434 2.5 Insurance and Reinsurance p.435 2.6 Lease Enforcement p.435 2.7 Lease Assignment/Novation p.437 2.8 Aircraft Deregistration and Export p.438 2.9 Insolvency Proceedings p.440 2.10 Cape Town Convention and Others p.441 3. Aircraft Debt Finance p.443 3.1 Structuring p.443 3.2 Security p.444 3.3 Liens p.445 3.4 Enforcement p.446 4. Other Issues of Note p.447 4.1 Issues Relevant to Domestic Purchase, Sale, Lease or Debt Finance of Aircraft p.447 4.2 Current Legislative Proposals p.447
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