The English High Court has confirmed the enforceability of provisions providing for significant termination payments from a defaulting airline following the termination of an aircraft leasing arrangement using a JOLCO...more
The Corporate Insolvency and Governance (CIG) Act 2020, which was enacted on 25 June 2020, introduces a number of permanent changes to the insolvency and restructuring framework in the United Kingdom, some of which have...more
7/4/2020
/ Aircraft Equipment ,
Airlines ,
Aviation Industry ,
Cape Town Convention ,
Corporate Governance ,
Corporate Insolvency and Governance (CIG) Act 2020 ,
Corporate Insolvency Regime ,
Debt Restructuring ,
Financial Distress ,
Supply Contracts ,
UK
The UK Corporate Insolvency and Governance Bill, currently progressing through UK Parliament, will have an impact on various stakeholders in the aviation industry once enacted, due to its moratorium, supply contract, and...more