THE CAPE TOWN
CONVENTION 2001-2011
Encouraging a unique fiscal and legal regime facilitating the off-shore registration,
lease and finance of aircraft in the Kingdom of The Netherlands
Friday 2nd December 2011
Rotterdam, The Netherlands
Hosted & Sponsored by
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CONFIRMED SPEAKERS
- Professor J.W. Bellingwout, Partner KPMG Meijburg & Co Tax Lawyers, Professor at V.U. University, Amsterdam.
- B. Patrick Honnebier, Of Counsel at Gomez & Bikker Law Offices, Aruba, Bonaire and Amsterdam, Lecturer
International Aviation Finance Law at the International Institute of Air and Space Law, University Leiden.
- Vesna Palevska, Corporate Legal Services at AerCap, Lessor of more than 350 aircraft, Amsterdam Airport.
- Alex P. Berkhout, Director N/A/K Group trust services, Bonaire and Amsterdam.
- Boris J. den Hartog, Expert Litigator, Amsterdam, Member of the Netherlands Bar Association and previously
admitted to practice law in the Dutch Caribbean, Member of the Dutch Aviation Group.
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CONFERENCE OBJECTIVE
The Conference focuses on the accession of the Kingdom of the Netherlands to the Cape Town Convention in 2010. While the treaty has entered into force in the Dutch Caribbean (e.g. Aruba), it is not yet applicable in the Netherlands in Europe. However, the convention already applies in Bonaire which is a ‘special city’ of the Netherlands in Europe while it is situated in the Caribbean. This unique situation allows foreign and Dutch parties to an international lease transaction to register the aircraft in the jurisdiction that suits them best. For example, overseas owners and financiers of aircraft can “choose” the Aruba flag. Their aircraft get the nationality registration prefix ‘P4 ’ of Aruba. This option ensures that they can enforce their rights under the treaty. But also new or existing (Dutch) airlines that “prefer” the Dutch flag may benefit from the Cape Town Convention. They can structure their leases through Bonaire (i.e. the Netherlands), while their aircraft keep or get the Dutch nationality registration prefix ‘PH ’. Moreover, they may profit from the tax-treaties which the Netherlands concluded with more than 90 states. Thus, the Cape Town Convention boosts several fiscal and legal scenarios that facilitate the (off-shore) registration, lease and finance of modern and safe aircraft. It reduces their costs in the Netherlands, Dutch Caribbean and in other countries.
WHO SHOULD ATTEND
The Conference is intended for corporate and private aircraft owners, banks, other financial institutions, lessors, airlines, trust companies and their (in-house) tax lawyers, legal counsel, civil law notaries, accountants and all with a fiscal and legal interest in international aviation financing and leasing. It is the first major international aviation finance symposium organised in the Netherlands. The particular goal of the Conference is to provide the delegates with topical and specialised practical knowledge. More specifically the Conference
- assesses one year of experience with the Cape Town Convention in the Kingdom of the Netherlands;
- addresses the latest fiscal and legal developments in this respect;
- introduces a swift, simple and cheap alternative for the expensive creation and registration of mortgages in aircraft;
- clarifies that the Cape Town Convention protects the secured rights of (Dutch) airlines to purchase or lease an aircraft;
- aims to provide an solution to the existing global aircraft de-registration and re-registration problems;
- stresses the aviation finance friendly Court systems in the Netherlands and Dutch Caribbean;
- emphasises the valued airworthiness and safety-oversight standards of the Netherlands and Dutch Caribbean;
- acknowledges the need and availability of trust services in the Netherlands and Dutch Caribbean;
- signals other pertinent matters that recently arose in the international aviation tax, finance and lease practice.
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EARLY-BIRD
DELEGATE FEE: €150
until October 7, 2011
- Regular Fee: €350 -
Alumni & Students of
Embry-Riddle Aeronautical University:
10% Discount
To register for this event by credit card, please complete the Registration Form below and return it to Aeropodium.
UK FAX: +44 20 8082 5967
USA FAX: +1 954 406 7029
E-MAIL: register@aeropodium.com
Registration Tel:
UK: +44 20 8123 7072
USA: +1 305 767 4707
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REGISTRATION FORM |
PLEASE USE THE REGISTRATION CREDIT CARD FORM TO RESERVE YOUR PLACE
Terms & Conditions
The delegate fee includes access to the event, the networking breaks, and the event proceedings. It must be paid in full before the date of the event. The delegate badges will be collected at the registration desk of the event. Substitutions are allowed and cancellations that are received in writing up to 30 days prior to the date of the event will be refunded (-10% administration fee). For more information, please visit the "Terms & Conditions" section. For press passes, please submit your request to Aeropodium, email: register@aeropodium.com
UNABLE TO ATTEND? Reserve your conference proceedings for only €200. A username and password will be emailed to you as soon as the event is completed and you will have access to all the papers! To reserve the proceedings of this event, please contact mail@aeropodium.com
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THE CONFERENCE AGENDA
WILL BE ANNOUNCED SOON!
| CONFERENCE VENUE
KPMG Meijburg
Fascinatio Boulevard 250
3065 WB Rotterdam
The Netherlands
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| MEDIA PARTNER |
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