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Leased Aircraft Stranded in Russia: A Survey of the Pending Insurance Claim Litigation in Different Jurisdictions

Ireland, Ukraine, United Kingdom - January 3 2023 Insurance companies are bracing themselves for years of legal disputes over liability for total losses claimed by lessors to…

Katya Harrison, Stewart B. Herman, Timothy J. Kirby, Timothy J. Lynes, Joe Payne, Charlotte Sallabank, Brett Seifarth, Michael Walsh

SEC Adopts Amendments to Rule 10b5-1 Plan Requirements and Increases Disclosure Requirements Regarding Insider Trading Policies

USA - December 27 2022 On December 14, the Securities and Exchange Commission (SEC) unanimously adopted amendments to Rule 10b5-1 and related regulations governing "10b5-1…

Matthew S. Brown, Vlad M. Bulkin, Farzad Damania, Jennifer L. Howard, Timothy J. Kirby, Lawrence D. Levin, Michelle Mount, Jeffrey R. Patt, Alyse A. Sagalchik, Jonathan D. Weiner, Mark D. Wood

US Moves to Seize Aircraft for Apparent Violation of Export Controls

USA - October 12 2022 The US Department of Justice reported that it obtained a warrant for the seizure of a Boeing 737-7EM aircraft for the alleged…

Katya Harrison, Stewart B. Herman, Timothy J. Kirby, Timothy J. Lynes, Charlotte Sallabank, Brett Seifarth

Features of the Hong Kong Airlines Restructuring Plan

Hong Kong - October 4 2022 Hong Kong Airlines (HKA) has announced that it is seeking to implement a restructuring of its aircraft lease obligations and other…

Sonya Van de Graaff, Stewart B. Herman, Timothy J. Kirby, Timothy J. Lynes, Prav Reddy, Charlotte Sallabank, Brett Seifarth

Protecting the Financer of the Conversion of a Passenger Aircraft to a Freighter

USA - September 13 2022 The rights of an aircraft lessor or lender financing the conversion of a passenger aircraft to a freighter aircraft will be…

Stewart B. Herman, Timothy J. Kirby, Timothy J. Lynes, Charlotte Sallabank, Brett Seifarth