We have been shortlisted for the Innovative Lawyers in Restructuring Award at the Financial Times’ Innovative Lawyers Europe 2024 awards in recognition of the Global Aviation Resource Index (GARI).
Allows users to compare data and scores for aviation restructuring procedures, aircraft repossession rights and aircraft deregistration rights in 100+ jurisdictions.
Watson Farley & Williams is delighted to announce the launch of the Global Aviation Resource Index (GARI).
The purpose of this White Paper is to provide general guidance to transaction participants and practitioners in their consideration of the application of the provisions of Section 15G of the Securities Exchange Act of 1934, as amended, as added by section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the federal interagency credit risk retention rules promulgated thereunder, codified at 17 C.F.R. Part 246, to a typical issuance of securities by a newly formed special purpose vehicle that owns or will own, among other things, a portfolio of marine containers and related leases which may be entered into directly or indirectly by way of one or more management agreements.
The FT Innovative Lawyers Europe are a celebration of the best in innovation from law firms and in-house legal teams across Europe.
WFW’s Global Aviation Restructuring Index (“GARI”) has been shortlisted for the Digital Legal Services award.
NAC is the largest lessor of regional aircraft, with over 500 aircraft. Since the onset of the pandemic, NAC is to-date the only aircraft lessor to have entered into any formal restructuring proceedings.
The fifth edition – which is released 24 February 2022 – features a chapter on GATS for the very first time.
WFW was chosen to advise on this deal ahead of a number of other leading international firms thanks to the experience and expertise of its lawyers.
Launched on 19 October 2021, GARI offers a comparative index of 55+ restructuring procedures available in 30 key aviation jurisdictions.
This is the first occasion when 100% of the equity in a container box ABS has been sold to third-party investors and only the second time that any equity in a container box ABS has been sold to third party investors.
Following the launch of WFW’s Global Aviation Restructuring Index (GARI), this article shares our insights on the data analysis beyond the headline debtor-friendliness and creditor-friendliness scores.
