The decision reinforces the guiding principle that contemnors must make good what has been lost as a result of their contempt.
Our aviation experts advise on the complex, cross-border commercial issues that define this changing sector.
As the world’s appetite for air travel is on hold, the challenge for the aviation industry is to uncover and extract value in the face of ever more competition for passengers. Our team of dedicated aviation lawyers can help you achieve your commercial objectives in the most complex matters with innovative thinking and a comprehensive range of legal services, combining finance, tax, corporate, restructuring & insolvency, regulatory, real estate and dispute resolution.
Our insight, depth and breadth of knowledge across all segments of the aviation industry attract a diverse set of clients from across the world, including banks and financial institutions, funds and investors, export credit agencies, aircraft and engine leasing companies, airlines, airports and manufacturers.
With more than 35 years’ experience, we are ahead of the curve with developments in the aviation sector, especially in our role as advisers to the Aviation Working Group on its Global Aviation Trading System (GATS) and environmental, social and governance (ESG) initiative.
Covid-19 Aviation Restructuring Report 2.0
Airlines across the globe continue to fight for their survival in the midst of the Covid-19 crisis. In our highly regarded report, we explore the restructuring trends that have emerged and some significant changes to legislation in the UK. Now in its second edition, the report also 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.
Find out more:
We start 2023 with decisions on refund guarantees in a shipbuilding dispute, a no assignment clause in an insurance context, damages for forged warehouse receipts, the enforceability of an adjudicator’s alternative finding and two start-up founders being found liable for fraudulent misrepresentation.
This short Q&A addresses 20 key points for consideration regarding aviation deals in Spain, including practical matters aircraft lessors and financiers need to be aware of in relation to their operations in Spain and/or with Spanish lessees.