Asters Advises the State Aviation Administration of Ukraine on Implementation of the Cape Town Treaty

Asters advised on a pro bono basis the State Aviation Administration of Ukraine on implementation of the Convention on International Interests in Mobile Equipment and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, both signed in Cape Town on 16 November 2001.

In particular, the firm's attorneys assisted in developing the formal procedure for obtainment of authorization codes and enforcement of creditors' rights to aircraft under the irrevocable de-registration and export request authorization (IDERA).

Asters' aviation team was represented by senior partner Armen Khachaturyan and associates Oleksiy Demyanenko and Yuriy Radko.