This paper focuses on several unique devices of the Cape Town Convention 2001. The Convention aims to establish a stable international legal framework for the protection of secured creditors in case of a debtor's default in relation to asset-based financing and leasing of mobile equipment, that...

This paper deals with the interaction between informal sanctions imposed by social norms and formal sanctions authorized by law. While some scholars claim that the formal rule merely substitutes for the informal rule, other authors argue that formal and informal rules are complementary. If the...