Court Cautious on Sanctions and Letters of Credit -
The Court of Appeal has delivered a decision in Celestial Aviation Services Ltd. v. UniCredit Bank GmbH, London Branch1 in relation to whether UniCredit could withhold...more
Can Airlines Seek Relief under EETC Financing?
Due to the ongoing COVID-19 pandemic and the resulting economic malaise, lenders and investors are seeing a flood of requests from borrowers and issuers for relief on debt...more
Aircraft leases typically include standard representations and warranties regarding: (i) the power and authority of the lessee to enter into the agreement and the transactions contemplated by the agreement; (ii) the agreement...more