The Aviation Working Group (AWG) will be holding three international events on the upcoming Global Aircraft Trading System (GATS), which our Aviation team will be attending.
We advised Investec Bank (Mauritius) on their arranging of a revolving credit facility by way of private placement bond for Air Austral. The financing included security over bank accounts and IATA receivables.
Full Metal Jacket: Change of trustee in Utah aircraft owning common law trust triggers a metal transfer
Dominic Pearson looks into the nature of common law trusts in Utah and how this affects aircraft owners. He considers the requirements for a metal transfer in the event of a change of trustee.