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Liquidated damages can be construed as unreasonable penalty

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • USA
  • -
  • February 26 2013

In this case before the U.S District Court of Nevada, plaintiff, GC Air, LLC (“GC Air”), leased an aircraft to Rancharrah Management, LLC

Once you take it back, it’s yours as-is

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • USA
  • -
  • February 26 2013

US Airways sold three Boeing 737-3G7 aircraft to Wells Fargo, as trustee, as part of a sale-leaseback transaction. Each aircraft had a maximum takeoff

The ABCs of PDPs

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • Global, USA
  • -
  • March 17 2008

Since early 2004, the number and size of civil aircraft pre-delivery payment (PDP) financings have increased dramatically