Tuesday, November 19, 2013

Sundahl: The Cape Town Convention: Its Application to Space Assets and Relation to the Law of Outer Space

Mark J. Sundahl (Cleveland State Univ. - Law) has published The Cape Town Convention: Its Application to Space Assets and Relation to the Law of Outer Space (Martinus Nijhoff Publishers 2013). Here's the abstract:
The UNIDROIT Convention on International Interests in Mobile Equipment created a new international regime of secured finance applicable to aircraft and rolling stock that facilitates the financing of this equipment by, among other things, enabling lenders to create a readily enforceable security interest in the equipment. The Space Assets Protocol extends the benefits of the convention to satellites and other space assets. This book explains the operation of the convention in a manner that is useful both to lawyers engaged in satellite finance as well as to academics who desire to obtain a more complete understanding of this treaty. The book also explores the relationship between the convention and the existing body of space law.