Boek 2 Burgerlijke Wetboek van Aruba – Free Download

It has been a while but Aruba has (finally) modernized its corporate law. "Boek 2" structures and harmonizes various private legal entities into one code. Prior to that, these legal entities were scattered around in various individuals laws. Hard to find and easy to miss. The new structure contains a general section that aligns the … Continue reading Boek 2 Burgerlijke Wetboek van Aruba – Free Download

Interesting article on aircraft importation in the EU

As some will know, European Union (EU) aircraft importations have been the basis of an ongoing discussion at EU level for a long time now. After the changes made to the end-use exemptions (customs duty) and the introduction of the new EU Customs Code, the discussion has been centred on a lessee’s right to reclaim … Continue reading Interesting article on aircraft importation in the EU

Insel Air Aruba Reaching Bankruptcy

Following a short temporary bankruptcy protection status granted by the Court of First Instance of Aruba Insel Air Aruba N.V, has been declared bankrupt today, June 7th, 2017 by the same Court. This was  based on a recommendation made  by the court appointed administrator (bewindvoerder). According to the administrator  the airline provided no evidence of … Continue reading Insel Air Aruba Reaching Bankruptcy

THE WORLD AIRCRAFT REPOSSESSION INDEX 2017 CONFIRMS THAT ARUBA IS (AGAIN) THE LEADING ‘REGISTRY OF CHOICE’

The first edition of the World Aircraft Repossession Index, including 57 important jurisdictions worldwide, was published for the first time on October, 30th, 2015. The second edition was published in March 2017. The initiative to realise this unique work was undertaken by the law firm Pillsbury Winthrop Shaw Pittman LLP and it is available free-of-charge. … Continue reading THE WORLD AIRCRAFT REPOSSESSION INDEX 2017 CONFIRMS THAT ARUBA IS (AGAIN) THE LEADING ‘REGISTRY OF CHOICE’

Insel Air International B.V. has been granted temporary bankruptcy protection

Insel Air international B.V. has requested and has been granted temporary bankruptcy protection status by the Court of First Instance of Aruba until at least June 9th, 2017. This request was introduced as a consequence of a request for bankruptcy filed by creditor(s). With this measure the bankruptcy request(s) have been frozen pending the bankruptcy … Continue reading Insel Air International B.V. has been granted temporary bankruptcy protection

Insel Air Aruba has been granted temporary bankruptcy protection

Insel Air Aruba N.V. has requested and has been granted temporary bankruptcy protection status by the Court of First Instance of Aruba until at least June 7th, 2017. On June 7th, 2017 the Court will have to decide if the bankruptcy protection is extended beyond that date. Such protection can last up to one year … Continue reading Insel Air Aruba has been granted temporary bankruptcy protection

Transfer of business operations in Aruba or not? The Court provides (needed) clarity.

This Spijkers v Gebroeders Benedik Abbatoir CV, 1986 case has led to what is referred to in Europe as “Spijkers Criteria”. These are to be considered when it comes to deciding whether there has been a transfer of a business operation (“an undertaking”) or not. The criteria are: 1 was the undertaking a stable undertaking with an … Continue reading Transfer of business operations in Aruba or not? The Court provides (needed) clarity.

Some tips on the Cape Town Convention & Mobile Protocol

  The Cape Town Convention (“CTC”) and the Mobile Protocol (“MP”) (collectively “Convention”) are 2 legal instruments that were created to facilitate the financing of aircraft and aircraft engines. These instruments only are applicable if there is a financing of some sort involved including a lease arrangement. In case of a straight out sale-purchase of … Continue reading Some tips on the Cape Town Convention & Mobile Protocol

P4-CLA: Comlux is granted EASA TCO approval facilitating operations on its B767 VVIP

Comlux the Aviation Group is pleased to announce that Comlux Aruba, one of the Fly Comlux operational centers, has been granted an EASA TCO (Third Country Operator) approval which will facilitate its operation, specifically on the 767-200. This approval provides the Comlux wide body with the highest standard of compliance with European Union safety standards, … Continue reading P4-CLA: Comlux is granted EASA TCO approval facilitating operations on its B767 VVIP

THE WORLD AIRCRAFT REPOSSESSION INDEX 2015 CONFIRMS THAT ARUBA IS THE LEADING ‘REGISTRY OF CHOICE’

The first edition of the World Aircraft Repossession Index, including 57 important jurisdictions worldwide, has been published on October, 30th, 2015. The initiative to realise this unique work was undertaken by the law firm Pillsbury Winthrop Shaw Pittman LLP and it is available free-of-charge. See the websites below. The publication is a most workable tool … Continue reading THE WORLD AIRCRAFT REPOSSESSION INDEX 2015 CONFIRMS THAT ARUBA IS THE LEADING ‘REGISTRY OF CHOICE’