‘As is, where is’: Redelivery under Cape Town – the judgment of the High Court of Australia23 March 2022
The obligations of an administrator to redeliver aircraft and engines have been determined by the Australian High Court in the first judgment to consider the interaction between the Cape Town Convention and local insolvency law: Wells Fargo Trust Company, National Association (As Owner Trustee) & Anor v VB Leaseco Pty Ltd (Administrators Appointed) & Ors [2022] HCA 8.