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Olympic Airways judgment 2 May 2012

Norton Rose Australia
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United Kingdom
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September 26 2012

In May 2010 we reported on the application for summary judgment in ACG Acquisition XX LLC v Olympic Airlines S.A. 2010 EWHC 923 (Comm

“Hell and high water” provisions - has the storm abated?

Norton Rose LLP
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United Kingdom
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May 29 2012

On Monday 30 April 2012, the English High Court delivered its judgment in the case of ACG Acquisition XXLLC v Olympic Airlines (in special liquidation) 2012 EHWC 1070 (Comm

Judicial clarification of the choice of law rules for aircraft mortgages: how a mortgage may be effective in one jurisdiction but ineffective in another

Norton Rose LLP
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United Kingdom
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April 14 2010

The English High Court has recently held that: it is the lex situs (that is, the laws of the jurisdiction where the relevant asset is situated at the time that the interest is created) which determines whether a property interest, such as a mortgage, is effectively created over that asset

Aircraft leases outside scope of UCTA?

Norton Rose LLP
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United Kingdom
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April 30 2009

A recent judgment of the Commercial Court in London has confirmed advice we routinely give clients, namely that aircraft leases will normally fall outside the provisions of the Unfair Contract Terms Act 1977 (UCTA) because they are deemed to be international supply contracts

Proposed changes to lease accounting rules

Norton Rose LLP
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United Kingdom
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April 30 2009

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) have published a joint discussion paper entitled Leases: Preliminary Views, seeking public comments on the proposed new lease accounting standards

New endorsement evidencing the interests of banks and lessors

Norton Rose LLP
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United Kingdom
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November 20 2007

The Aviation Insurance Clauses Group (AICG) has published the form of a new endorsement (known as AVN 67C) showing the interests of banks and lessors under the insurances effected in respect of an aircraft they have financed or leased

Search results

Olympic Airways judgment 2 May 2012

“Hell and high water” provisions - has the storm abated?

Judicial clarification of the choice of law rules for aircraft mortgages: how a mortgage may be effective in one jurisdiction but ineffective in another

Aircraft leases outside scope of UCTA?

Proposed changes to lease accounting rules

New endorsement evidencing the interests of banks and lessors

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