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English High Court revisits the application of penalty provisions in the context of default rates of interest

Summary - On 23 October 2025 the English High Court handed down its judgment in Houssein v London Credit Ltd, a case involving a loan dispute which followed a previous judgment from June 2023 (the First Judgment). The...more

Global Transportation Finance Newsletter September 2025

East Palestine Derailment Lawsuits Highlight the Limits of Lessor Liability - Despite Northfolk Southern’s attempt to shift responsibility relating to the 2023 East Palestine train derailment to railcar owners and lessors,...more

English High Court Grants Anti Enforcement Injunction to Restrain the Enforcement of an English Court Judgement Abroad

Federal Government of Nigeria & Anor v Louis Emovbira Williams [2025] EWHC 2217 (Comm) - Summary - In what is understood to be the first reported case of its kind, the English High Court has granted an...more

UK Court Judgment Highlights Febrile Geopolitical Climate for Aviation

A recent UK High Court judgment has delivered a landmark decision for the aviation and insurance sectors as it ruled in favour of Western lessors seeking multi-billion dollar insurance payouts for aircraft stranded in Russia....more

Success for aircraft lessors in Russian aircraft lessor policy claims

Background - The English Commercial Court has handed down a highly anticipated judgment in a multi billion-dollar insurance claim arising out of the failure of various Russian airlines to return leased aircraft to lessors...more

Strengthening the Cape Town Convention in India: How the newly implemented Protection of Interests in Aircraft Objects Act...

On May 1, 2025, new legislation came into force in India called The Protection of Interests in Aircraft Objects Act 2025 (the “Act”). The new legislation arises out of the insolvency of Indian airline Go First, where lessors...more

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