In Canada, security interests in intangible property collateral are perfected (or published, in the case of Québec) by making a registration under the personal property security legislation (“PPSL”) of the province where the debtor is deemed to be located at the time the security interest attaches. Intellectual property, such as trade-marks, patents, industrial designs, or… Continue Reading
Category Archives: Perfection
Subscribe to Perfection RSS FeedSecurity Interests in Aircraft and the Quagmire of Conflict of Laws
Posted in Aircraft, Conflict of Laws, Perfection, PPSAThe recent receivership of Skyservice Airlines Inc. highlights the importance to airline creditors of having in place a certain, easily understandable and uniformly applied regime regarding the perfection and priority of various interests in aircraft. The Convention on International Interests in Mobile Equipment, together with the Protocol to the Convention on International Interests in Mobile… Continue Reading