MMLA

Malta Maritime Law Association

Member of the Comité Maritime International

  • About MMLA
    • Committees
      • Sub-Committees
    • Maritime History of Malta
  • News
  • Events
    • Past Events
  • Publications
  • Resources
  • Contact

Judicial Sale of Ships at UNCITRAL

January 5, 2021 Leave a Comment

UNICITRAL Working Group V1 met virtually in Vienna between the 14th and the 18th of December to deliberate the 2nd Draft of the International instrument on the effect of Judicial Sale of Ships – the Beijing Draft. Ann Fenech, president of the MMLA and vice president of the Comite Maritime International is the CMI co-ordinator for this project being considered by Working Group V1.

Great progress was achieved thanks to the combined effort and hard work of the Chair Prof. Beata Czerwenka, the Secretariat led by Dr. Jose Angelo Estrella Faria and a great number of State and NGO delegations. The deliverable remains an international Convention by virtue of which the free and unencumbered title in a vessel purchased in a judicial sale is recognised by State parties to guarantee that a vessel fetches the maximum price in a judicial sale for the benefit of the creditors guaranteeing at the same time the peaceful possession and use of the newly purchased vessel by the bona fide purchaser.

by Dr Ann Fenech, Fenech & Fenech Advocates

Source: Lexology

Filed Under: CMI, International Law News, Judicial Sales, Latest, UNCITRAL

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

News & Publications

  • A critical benefit of the Maltese Maritime Flag: Court-approved private sales January 22, 2021
  • Judicial Sale of Ships at UNCITRAL January 5, 2021
  • Commercial Yacht Code 2020 December 1, 2020
  • The enforcement of the EU Ship Recycling Regulation with regards to the Inventory of Hazardous Materials in light of COVID-19 Restrictions November 25, 2020
  • Refinancing Malta-flagged cruise liners November 5, 2020
  • Update on yachting procedures September 2, 2020

Contact Us

Malta Maritime Law Association (MMLA)
Maritime House
Lascaris Wharf
Valletta VLT 1921
MALTA
E: mmla@melita.com
T: (+356) 27 250 320
follow us on facebook and linkedIn

Join Us

Even though the MMLA is a law association, membership is open to all those with a real interest in maritime affairs with a legal twist.
Become a member...

International Events

The next CMI Conference and Assembly are scheduled for 26-30 September 2021 in Tokyo.

A Correspondence Assembly of the Comité Maritime International (CMI) was held on 30 June 2020

30 September – 2 October 2019: The Comité Maritime International (CMI) Assembly and Colloquium in Mexico City. Find out more…

The Comité Maritime International (CMI) held the Assembly meeting and other events on 8./9. November 2018 in London. Find out more…

The Malta Colloquium on Judicial Sales was held on 27 February 2018 in Valletta. Find out more…

 

 

Copyright © 2021 · Enterprise Pro Theme on Genesis Framework · WordPress · Log in