mojtaba Eshraghi Arani
Abstract
Aircraft has strategic status for the states, so that it has been regulated in every respect in both international and national contexts. No one may deny the invaluable role of air transport in the economy of all countries, as any pause in the aircrafts operation may encounter the objection of passengers ...
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Aircraft has strategic status for the states, so that it has been regulated in every respect in both international and national contexts. No one may deny the invaluable role of air transport in the economy of all countries, as any pause in the aircrafts operation may encounter the objection of passengers and businesses and result in vast damage to the society. Therefore, the attachment of aircraft need to be excluded from the general rule of attachment of properties. This necessity, while is unavoidable, may conflict with duties of the general authorities who have to arrest the aircraft in certain conditions, or the rights of patent owners or creditors who have no choice other than to arrest the aircraft in order to enforce their rights. This article analyzes the rules which govern the attachment of aircraft (including administrative attachment, attachment due to patent infringement and precautionary or in-execution attachment) with reliance on international conventions and comparative study of the low of France and England.
mojtaba Eshraghi Arani
Abstract
Aircraft finance has been followed with various legal challenges in international venue as a result of the aircraft natural characteristics; so that financiers have always faced with risk of non-recognition of thier rights or related privilages or denial of or inefficient exercise of of their remedies ...
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Aircraft finance has been followed with various legal challenges in international venue as a result of the aircraft natural characteristics; so that financiers have always faced with risk of non-recognition of thier rights or related privilages or denial of or inefficient exercise of of their remedies in relation to the aircraft by other countries. The first international effort for solving the said problems was realized in Geneva Convention on International Recognition of Rights in Aircraft(1948) but due to its deficiencies did not obtain the financiers’ acceptance. Consequently another deal was necessarry to minimize the above-said challenges further to removal of the Geneva deficiencies. This purpose was realized in Cape Town Convention on International Interests in Mobile Equipments after half of a century in 2001. Experts believe that Cape town Convention has produced more clarity and certainty in aircraft finance and consequently has made increase of its availability and reduction of its expenses. This article has argued that the said results come from six legal principles which are inferrable out of the provision of the Cape town convention and form its fundamentals.