This updated edition explores how the market’s response has developed, the trends that have emerged and some significant changes to legislation in the UK and incorporates a valuable table comparing the key features of a UK scheme of arrangement, a UK restructuring plan and the US’s Chapter 11 rehabilitation procedure, as well as case studies on the restructurings of Virgin Atlantic Airways and Malaysian Airlines Berhad.
This article examines the recent regulatory and market body announcements relating to the transition away from LIBOR.
As the importance of ship leasing as an alternative to debt financing grows, one potentially difficult and uncertain issue should be examined: the risk of a lease being recharacterised in US legal proceedings.
This article explores a recent High Court judgment on whether a restructuring plan can be used by debtors to modify their obligations under certain leases and security agreements to which the Cape Town Convention applies.
Securitisation principles and certain structuring efficiencies were utilised to enable Fleetscape to offer sale-and-leaseback or unitranche financing on highly competitive terms.
Global Aviation Sector Co-Head Jim Bell and London Partner Dominic Pearson discuss ABS issuances with leading aviation sector data provider Cirium.
This episode will look at aviation restructuring.
Partners Dominic Pearson, Patrick Moore and Pete O’Hare has been recognised among the most outstanding individuals in that age group active in the commercial aviation industry.
The scheme gives legal sanction to an agreement between NAC and its creditors that grants security over 236 aircraft, held by Wilmington Trust in its capacity as security trustee.
Watson Farley & Williams is delighted to announce that the online platform for the Global Aircraft Trading System, which the firm has played a pivotal role in developing, went live today.
The promotion of these six lawyers takes the firm’s total number of partners to 173.
This article explains the difference between an electronic signature and a digital signature, what digital signatures look like, how they work and why they are more secure than ‘simple’ electronic signatures.
