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.
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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.
Click here to read the full report
A strong transport theme for this issue of Commercial Disputes Weekly, with a decision on the impact of sanctions on aircraft leasing standby letters of credit and two maritime decisions on unseaworthiness and recovery of standby charges. We round it off with a look at whether recent damage from a WWII bomb falls within the war exclusion of an insurance policy.
In this article, we discuss the EU Commission’s proposal to repeal Council Directive 2004/82/EC of 29 April 2004 requiring carriers to communicate passenger data for the purposes of enhancing border control and tackling illegal immigration.
A seed portfolio of US$70m of senior loans across six aircraft and airlines in three continents has already been agreed.
