Journal Article

Key points for the effective implementation of the Cape Town Convention: the accession of Spain to the Aircraft Protocol

Teresa Rodríguez de las Heras Ballell

in Uniform Law Review

Volume 21, issue 2-3, pages 279-308
Published in print August 2016 | ISSN: 1124-3694
Published online June 2016 | e-ISSN: 2050-9065 | DOI: https://dx.doi.org/10.1093/ulr/unw011
Key points for the effective implementation of the Cape Town Convention: the accession of Spain to the Aircraft Protocol

More Like This

Show all results sharing these subjects:

  • Comparative Law
  • Private International Law and Conflict of Laws

GO

Show Summary Details

Preview

With the deposit of the instrument of accession to the Aircraft Protocol with Unidroit, on 27 November 2015, Spain has finally culminated a prolonged and staggered process of incorporation to the Cape Town system, more than two years after its initial accession to the Convention on International Interests in Mobile Equipment in June 2013.1 Hence, the Convention regarding aircraft objects entered into force for Spain on 1 March 2016. Spain’s long-awaited accession happens to coincide with the United Kingdom’s ratification (on 27 July 2015), with Denmark’s accession (on 26 October 2015), and, finally, with Sweden’s accession (on 30 December 2015), demonstrating a visible progression in the implementation of the Cape Town system by European countries. Following the completion of this long accession process by Spain, it is expected that there will be numerous economic benefits including the availability of credit and the reduction of costs in asset-based financing in the aviation sector.

Journal Article.  15412 words. 

Subjects: Comparative Law ; Private International Law and Conflict of Laws

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.