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Results: 11-20 of 51

New endorsement evidencing the interests of banks and lessors
  • Norton Rose Fulbright LLP
  • United Kingdom
  • 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


Competition Commission’s provisional findings - divestiture of three BAA airports recommended
  • Norton Rose Fulbright LLP
  • United Kingdom
  • August 20 2008

The Competition Commission (CC) today announced its Provisional Findings in relation to its ongoing Market Investigation of BAA’s ownership of seven UK airports


Material Adverse Change
  • Norton Rose Fulbright LLP
  • United Kingdom
  • March 8 2012

We have received an increasing amount of queries regarding Material Adverse Change (MAC) clauses over the last few months, which are a common feature of most facility agreements, leases and mandate letters


Reform of air passenger duty
  • Norton Rose Fulbright LLP
  • United Kingdom
  • March 8 2012

The coalition Government confirmed on 6 December 2011 that it will go ahead with the proposed extension of air passenger duty (APD) announced in the Autumn Statement


Fasten your seatbelts: take off imminent for airline mergers
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 2 2010

British Airways (BA)Iberia, BAAmerican Airlines - two proposed mergers involving international "flag carrier" airlines with others potentially in the pipeline


A new year’s resolution after a noughty year end?
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 2 2010

For the corporate jet market, the last 18 months of the noughties may have left many clinking in 2010 with a glass of Prosecco rather than a Nebuchadnezzar of Perrier Jouet's Belle Epoque


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 Fulbright LLP
  • United Kingdom
  • 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


Does an operating lessee have to pay rent for a defective aircraft?
  • Norton Rose Fulbright LLP
  • United Kingdom
  • May 14 2010

In ACG Acquisition XX LLC v Olympic Airlines S.A. 2010 EWHC 923 (Comm.), the English High Court was asked to rule on the circumstances in which the defective condition of an aircraft delivered to an airline under an operating lease might entitle the airline to refuse to pay rent for it


BAA update - successful appeal against Competition Commission break-up decision
  • Norton Rose Fulbright LLP
  • United Kingdom
  • December 23 2009

On 21 December 2009, the UK Competition Appeal Tribunal (the CAT) handed down its judgment upholding part of BAA’s appeal against the report prepared by the UK Competition Commission (the CC) in its market investigation into BAA airports


You’re on your own: US-style class actions for competition cases in England ruled out
  • Norton Rose Fulbright LLP
  • United Kingdom
  • April 16 2009

On 8 April 2009 the Chancellor of the High Court gave judgment in an interim application in Emerald Supplies Ltd and Another v British Airways plc 2009 EWHC 471, holding that two victims of a cartel could not bring a representative action on behalf of all other victims of the cartel, as well as for their own loss