Sundahl Writes on the Space Assets Protocol in the ABA’s Air and Space Lawyer

C|M|LAW Associate Dean Mark Sundahl has published an article in latest issue of The Air & Space Lawyer, the newsletter of the American Bar Association’s Forum on Air and Space Law.  In the article, entitled The Space Assets Protocol One Year Later: An Update and Reassessment, Sundahl argues that the Space Assets Protocol on the financing of satellites and other space assets was revised in the final drafting stages to address specific industry concerns regarding issues such as insurers’ salvage rights, the Protocol’s application to existing interests, and the definition of space assets. Sundahl concludes that the Protocol represents a rare opportunity to establish an international law of secured transactions for the space industry and urges industry to support the Protocol’s ratification.