Term SOFR emerges as the new market standard for aviation financing and leasing transactions.
Market standards are evolving in new SOFR-based financings, including with respect to market disruption, breakage costs and...more
Recent developments mean a delayed departure for LIBOR.
The cessation of most U.S. dollar LIBOR tenors has been delayed until June 30, 2023. Aircraft financiers, borrowers and lessors should take advantage of the...more
2/25/2021
/ Aircraft Financing ,
Alternative Reference Rates Committee (ARRC) ,
Aviation Industry ,
Borrowers ,
FDIC ,
Federal Reserve ,
Financial Conduct Authority (FCA) ,
ICE Benchmark Administration (IBA) ,
Lessor ,
Libor ,
OCC ,
Secured Overnight Funding Rate (SOFR)
District court case shines a light on the extent and limits of a lender’s duties in both structuring loan transactions and exercising remedies.
Borrowers need to be mindful in structuring the tax and cross-border aspects...more
2/2/2018
/ Aircraft ,
Asset Protection ,
Asset Seizure ,
Aviation Industry ,
Borrowers ,
Brazil ,
Collateral Agreements ,
Cross-Border ,
Federal Aviation Administration (FAA) ,
Financing ,
Lease Financing ,
Lessor ,
Operating Lease ,
Payment Terms ,
Tax Evasion
On July 2, 2015, the U.S. District Court for the Eastern District of New York issued a decision in City of New York v. Bell Helicopter Textron, Inc., 13 CV 6848 that left the plaintiff without any remedy against the...more
8/4/2015
/ Airplane Accidents ,
Aviation Contracts ,
Aviation Industry ,
Breach of Contract ,
Buyers ,
Consequential Damages ,
Damages ,
Disclaimers ,
Implied Warranties ,
Repairs ,
Replacement Costs ,
Risk Allocation ,
Sellers
In This Issue:
- Introduction
- All Hat And No Chattel: Life After Cape Town
- Q&A - The Future Of Eca Financing
- Deal Of The Year - An Innovative Engine Re-Securitization
- Pillsbury Case...more