News & Analysis as of

Commercial Leases Aviation Industry

Latham & Watkins LLP

Russian Exclusive Jurisdiction Clauses Fail to Stop Aviation Insurance Litigation in England

Latham & Watkins LLP on

The English High Court found that a current risk of unfair trial in Russia justified declining to enforce Russian exclusive jurisdiction clauses. The English High Court has cleared the way for major aviation insurance...more

Katten Muchin Rosenman LLP

The Desirability of Registering a New International Interest When Extending the Term of a Lease

Introduction This Aviation Advisory considers the desirability of registering a new international interest at the International Registry corresponding to the extension of the term of a lease of an aircraft, airframe or...more

Katten Muchin Rosenman LLP

Protecting a Lessor Against the Recharacterization in Bankruptcy of a Full Payout Aircraft Lease as a Disguised Security Agreement

Often an aircraft financer will structure a secured aircraft loan as a full payout lease in order to facilitate the exercise of remedies in the case of a default by the borrower airline. Specifying that the lease is governed...more

Pillsbury Winthrop Shaw Pittman LLP

Tour de Force: Force Majeure Litigation Continues in the Travel and Commercial Real Estate Industries

While COVID-19 has steadily increased the amount of force majeure litigation, certain industries—such as travel and real estate—have seen a disproportionate number of cases filed. The aviation and commercial real estate...more

BCLP

Airline Industry - Preparing for the Band-Aid Coming Off

BCLP on

Covid-19 hit the aviation industry at speed with its immediate and almost global impact requiring urgent responses from airlines, lessors, financiers and industry suppliers to apply emergency measures to, in some cases,...more

BCLP

Temporary aircraft cargo conversion – what legal and regulatory issues should airlines and lessors be considering?

BCLP on

The global pandemic caused by Covid-19 is a severe and unprecedented challenge for the aviation industry. As widespread travel restrictions have been implemented, global demand for passenger air travel has plummeted....more

BCLP

Aircraft leasing in the context of COVID-19 – Practical considerations on compromise, relationships and mitigation

BCLP on

Dear Aircraft Lessor Re: COVID 19: Aircraft Lease Agreements relating to Relevant Aircraft - I am writing to inform you that our business has been materially and adversely affected by the COVID 19 pandemic....more

Locke Lord LLP

Key EU Employment Decision Impacting On Aviation And Wider Transport Sector

Locke Lord LLP on

Within the EU and wider EEA significant employment legislation often derives from EU directives which individual member states are then required to implement into their national law. Of particular significance is the Acquired...more

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