News & Analysis as of July 23, 2025

Aircraft › Contract Disputes

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High Crimes and Misdemeanors: Federal Criminal Aviation Cases From 2021
Meritas Capability Webinar - Restructuring Insolvent Airlines in the Americas: A Look at LATAM and Developments with AeroMexico and Avianca
WEBINAR: The ABCs of Pilot Deviations

What Lessors Need to Know: English High Court Rules on Russian Aircraft Losses

Pillsbury Winthrop Shaw Pittman LLP on 6/23/2025

The Judgment addressed joined insurance claims brought by major aircraft lessors whose aircraft and engines were stranded in Russia following the imposition of sweeping Western sanctions and Russian government measures which...more

High Court considers repudiatory breach and wrongful termination in an aircraft lease contract dispute

BCLP on 2/22/2022

The High Court recently considered the termination of an aircraft lease to purchase contract between OCA and Novans (an aircraft broking and consultancy company). In finding for the Claimant, the judgment considers the thorny...more

Time Is Of The Essence Clause Does Not Necessarily Result In Breach For Late Performance

Allen Matkins on 10/30/2019

Rugger Investment Group LLC contracted to sell an airplane to Magic Carpet Ride, LLC (MCR). Rugger deposited a lien release into escrow 8 days late. MCR succeeded in obtaining summary judgment on its breach of contract claim....more

Buyer Beware: Court Upholds Punitive Damages Waiver in Case Alleging Fraud for "New" Aircraft Sale

Vedder Price on 5/23/2019

In a recent decision, the Texas Supreme Court upheld a contractual waiver of punitive damages despite a finding of fraud by the seller in the sale of a supposedly new aircraft that instead contained used and repaired engines....more

Global Transportation Finance Newsletter - May 2019

Vedder Price on 5/22/2019

In This Issue: Buyer Beware: Court Upholds Punitive Damages Waiver in Case Alleging Fraud for “New” Aircraft Sale - Embraer v. Dougherty Air Trustee: Avoiding Foot Faults in Your Residual Value Guarantee Contract - ...more

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