The Cape Town Convention and the Space Assets Protocol: Considerations after the Event
Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review
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Ownership of Satellites: 4th Luxembourg Workshop on Space and Satellite Communication Law. ed. / Mahulena Hofmann; Andreas Loukakis. Baden-Baden: Nomos Verlagsgesellschaft, 2017. p. 271-285 (Luxemburger Juristische Studien; Vol. 9).
Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review
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TY - CHAP
T1 - The Cape Town Convention and the Space Assets Protocol
T2 - Considerations after the Event
AU - Smith, Lesley Jane
PY - 2017/12/31
Y1 - 2017/12/31
N2 - The core feature of the Cape Town Convention is that it creates an interna-tional register of security interests over various categories of mobileassets, beyond the parameters of national law. There was clear interest insecuring creditors’ rights over certain types of mobile equipment –aircraft, rolling stock and spacecraft –because of their inherently trans-border operations. The response of the Convention and the individualProtocols was to introduce a sui generis registrable international interestfor each type of mobile stock that would be recognised by the contractingstates, avoiding national disparities in the event of default. The subject ofthis review is the Space Assets Protocol (SAP): three years on from thesigning of the SAP, support from new contracting States has been singu-larly absent. Nevertheless, discussions on the Protocol continue, as doesthe task of identifying a competent international authority, which is in aposition of taking over the function of a Supervisory Agency under theConvention.
AB - The core feature of the Cape Town Convention is that it creates an interna-tional register of security interests over various categories of mobileassets, beyond the parameters of national law. There was clear interest insecuring creditors’ rights over certain types of mobile equipment –aircraft, rolling stock and spacecraft –because of their inherently trans-border operations. The response of the Convention and the individualProtocols was to introduce a sui generis registrable international interestfor each type of mobile stock that would be recognised by the contractingstates, avoiding national disparities in the event of default. The subject ofthis review is the Space Assets Protocol (SAP): three years on from thesigning of the SAP, support from new contracting States has been singu-larly absent. Nevertheless, discussions on the Protocol continue, as doesthe task of identifying a competent international authority, which is in aposition of taking over the function of a Supervisory Agency under theConvention.
KW - Law
KW - Space Law
U2 - 10.5771/9783845281476-271
DO - 10.5771/9783845281476-271
M3 - Contributions to collected editions/anthologies
SN - 978-3-8487-3921-9
SN - 978-1-5099-1555-2
T3 - Luxemburger Juristische Studien
SP - 271
EP - 285
BT - Ownership of Satellites
A2 - Hofmann, Mahulena
A2 - Loukakis, Andreas
PB - Nomos Verlagsgesellschaft
CY - Baden-Baden
ER -