Monday November 16th, 2015
The Supreme Court of Panama has rules that it is
constitutional to register ship mortgages
in English.
According to the Panama
Maritime Authority (AMP), registering naval mortgages in Spanish (the official
language of Panama) as well as incorporating the original documents in English
will provide greater reliability and efficiency in the registration of ownership
of ships.
The AMP reports that financial institutions can now view
the original mortgage-related
documents on their websites.
Geen opmerkingen:
Een reactie posten