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Contract Disputes Commercial Litigation Aviation Industry

McGuireWoods LLP

English High Court Judgment Offers Rare Examination of War Risks Insurance

McGuireWoods LLP on

In a 230-page judgment handed down by Mr Justice Christopher Butcher in the English High Court on June 11, 2025, six aircraft leasing companies secured “one of the largest sums ever awarded by the English courts” (according...more

A&O Shearman

JOLCO-motion denied: aircraft finance termination payments not penalties

A&O Shearman on

The English High Court has found that termination payments under Japanese Operating Lease with Call Option (JOLCO) structures did not amount to unenforceable penalties....more

Vedder Price

Success for aircraft lessors in Russian aircraft lessor policy claims

Vedder Price on

Background - The English Commercial Court has handed down a highly anticipated judgment in a multi billion-dollar insurance claim arising out of the failure of various Russian airlines to return leased aircraft to lessors...more

Morgan Lewis

English High Court Confirms Enforceability of Termination Sum Provisions in JOLCO Structures

Morgan Lewis on

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

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