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Recent restructuring case law developments
  • FRORIEP
  • Switzerland
  • June 21 2013

The Zurich High Court recently dismissed a liability claim initiated by the liquidator of Swissair against former members of Swissair's board of directors


Ready for take-off: creating a more creditor-friendly insolvency regime for Australian aviation finance
  • Corrs Chambers Westgarth
  • Australia
  • February 11 2013

Australia has signed on to a new framework that will standardise aircraft financing transactions the world over. It's positive news for those in


Olympic Airlines: starting UK insolvency proceedings against a company already in insolvency in another member state.
  • Freshfields Bruckhaus Deringer LLP
  • European Union, United Kingdom
  • June 28 2013

The Court of Appeal’s judgment in The Trustees of the Olympic Airlines SA Pension & Life Insurance Scheme v Olympic Airlines SA 2013 EWCA Civ 643


Another hurdle cleared on the path to ratification the UK and the Cape Town Convention and Aircraft Protocol
  • Vedder Price PC
  • United Kingdom
  • April 9 2014

"The Government has carefully considered the views of the Respondents to the call for evidence and has decided to proceed with ratification of the


November 2016 International Trade Compliance Update
  • Baker McKenzie
  • Africa, Asia-Pacific, Canada, Central & South America, Russia, South Korea, Ukraine, United Kingdom, USA, Democratic Republic of Congo, European Union, Global, Middle East, Myanmar, OECD
  • November 1 2016

Welcome to the November 2016 edition of Baker & McKenzie's International Trade Compliance Update. Here are some highlights: WTO: Trade policy reviews


Second Circuit affirms bankruptcy court ruling authorizing American Airlines to repay $1.3 billion debt without make-whole
  • Debevoise & Plimpton LLP
  • USA
  • September 16 2013

On September 12, 2013, the United States Court of Appeals for the Second Circuit held that American Airlines, Inc. ("American") had the right to


Former president of bankrupt aircraft manufacturer can keep some of his severance cash
  • Zuckerman Spaeder LLP
  • USA
  • June 2 2014

An executive's right to severance payments isn't always written in stone, even if his employer agrees to provide them. In this post, we described how


Whose engine is it anyway? Challenges to engine leasing in Denmark
  • Clyde & Co LLP
  • Denmark
  • February 26 2014

Pending the outcome of appeals expected in this case, the ruling of the District Court has troubling implications for the engine leasing industry. If


Seventh Circuit holds that bankruptcy court improperly reduced oversecured lenders’ claim
  • Schulte Roth & Zabel LLP
  • USA
  • May 13 2009

The U.S. Court of Appeals for the Seventh Circuit held on May 5, 2009, that a group of secured lenders were fully secured and “entitled to a full recovery” from the debtor despite the bankruptcy court’s improper valuation of the collateral (improved airport terminal space) securing the lenders’ underlying $60 million loan


Decision in Eclipse Aviation addresses subject matter jurisdiction of the bankruptcy court
  • Fox Rothschild LLP
  • USA
  • August 18 2010

On August 4, Judge Mary F Walrath issued an opinion in the Eclipse Aviation bankruptcy that discusses the scope of the Court's subject matter jurisdiction