On February 14, 2019, Judge Lane of the Bankruptcy Court for the SDNY issued an opinion in Republic Airways Holdings Inc. addressing whether the liquidated damages provisions in certain aircraft “true leases” under Article 2A...more
2/20/2019
/ Actual Damages ,
Aircraft Financing ,
Debtors ,
Fair Market Value ,
Guarantors ,
Lease Financing ,
Lease Term ,
Lessor ,
Liquidated Damages ,
Public Policy ,
Unenforceable Contract Terms ,
Uniform Commercial Code (UCC) ,
Value-Based Fees
While compliance with the upcoming ADS-B requirements is primarily an issue for those responsible for maintenance and operation of aircraft, lenders and lessors should understand ADS-B compliance requirements and plan...more