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The English Court of Appeal confirms the effectiveness of Certificates of Acceptance in aircraft leasing transactions

White & Case LLP
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United Kingdom
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May 1 2013

The Court of Appeal's recent decision in Olympic Airlines SA (in special liquidation) v ACG Acquisition XX LLC 2013 EWCA Civ 369 gives welcome

Olympic Airlines SA v ACG Acquisition XX LLC: contractual estoppel argument prevails.

DLA Piper
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United Kingdom
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April 23 2013

On 17 April 2013 the English Court of Appeal gave judgment in favour of Aviation Capital Group ("ACG") as respondent in an appeal filed by Olympic

Victory (again) for aircraft lessors in Olympic Airlines v. ACG

Dentons
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United Kingdom
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April 18 2013

On 17 April, the Court of Appeal ruled that Olympic Airlines' signature of an acceptance certificate at delivery of an aircraft under an operating

Islamic aircraft financing

Bird & Bird
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United Kingdom
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February 26 2013

Islamic finance is broadly perceived as a way of managing money by taking into account Islamic religious requirements - Namely the Shariah. Shariah

ACG v Olympic Airlines: the meaning of “airworthiness” and the “as-is, where-is” principle

Bird & Bird
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United Kingdom
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February 18 2013

The process for delivering an aircraft within a standard commercial operating lease generally has two key components. The lessee is responsible for

Buying an executive jet - the ups and downs

Collyer Bristow LLP
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United Kingdom
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November 28 2012

The prospective purchaser of a Gulf Stream G550 or Citation VII at the outset often thinks that this is just a more expensive (but even more exciting) variation on the purchase of their Aston Martin DB9

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

Corporate jet financings, deposits and agreements to negotiate in good faith

Dentons
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United Kingdom
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June 28 2012

Deposits are commonplace in corporate jet financings

Jurisdictional issues in creating a possessory lien

Morton Fraser
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United Kingdom
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February 16 2011

are the owners of and leased 2 Airbus A320-200 aircraft to an airline ("Mexicana") which got into financial difficulties and was unable to pay sums due under the leases

Aircraft mortgages and the English conflict of laws rules

Dentons
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United Kingdom
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June 9 2010

Financiers of large commercial aircraft often structure deals so they may repossess the aircraft as its mortgagee, chargee of the shares in the SPV they have funded to own and lease the aircraft, and assignee of the SPV's rights under a lease of the aircraft to its operator

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The English Court of Appeal confirms the effectiveness of Certificates of Acceptance in aircraft leasing transactions

Olympic Airlines SA v ACG Acquisition XX LLC: contractual estoppel argument prevails.

Victory (again) for aircraft lessors in Olympic Airlines v. ACG

Islamic aircraft financing

ACG v Olympic Airlines: the meaning of “airworthiness” and the “as-is, where-is” principle

Buying an executive jet - the ups and downs

Olympic Airways judgment 2 May 2012

Corporate jet financings, deposits and agreements to negotiate in good faith

Jurisdictional issues in creating a possessory lien

Aircraft mortgages and the English conflict of laws rules

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