Partner Phillip Durham co-authored an article published in the Journal of Equipment Lease Financing
about the recently adopted Pretoria Protocol, whose purpose is to establish a set of uniform international laws to protect security interests and title retention rights in mining, agricultural and construction (MAC) equipment. His article offers updated estimates of the protocol's economic effects, analyzes the adopted text, including describing the issues addressed in the protocol, and outlines the next steps in its implementation.
READ: The Pretoria Protocol for the Financing and Leasing of Mining, Agricultural and Construction Equipment Is Adopted
(Article begins on page 23)