ARTICLE · 29 APRIL 2014

Recent Development on Turkish Legislation Regarding Implementation of The Cape Town Convention

Serap Zuvin Law Offices

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The Republic of Turkey ("Turkey") signed the Convention on International Interests in Mobile Equipment ("Convention") and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment ("Protocol") ..

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Susen Aklan

The Republic of Turkey ("Turkey") signed the Convention on International Interests in Mobile Equipment ("Convention") and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment ("Protocol"), namely, Cape Town Convention ("CTC") on November 16, 2001 and the Convention and the Protocol came into force in Turkey on December 1, 2011.

How the Claims of the Interest Holders can be Executed at the Execution and Bankruptcy Offices?

Since 2011, substantial steps have been taken forward in Turkey for the implementation of CTC. The last development that has been made in this respect was the introduction of the Omnibus Bill¹ ("Omnibus Bill") (Torba Yasa), by the enactment of which certain new articles have been introduced into Turkish laws which are aimed to provide a smooth process of implementation of the CTC in Turkey.

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