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Guaranty Enforcement in a Time of Rent Deferrals and Other Economic Accommodations

USA - June 5 2020 Due to the ongoing COVID-19 pandemic, lessees and lessors across many industries are attempting to ease economic tensions by agreeing to certain…

Mark J. Ditto.

A Bird on the Ground Is Worth One in the Sky: Lessons from ALC v. Far Eastern Air Transport Corp.

USA - September 12 2019 On May 22, 2019, the U.S. District Court for the Central District of California decided Air Lease Corporation; ALC B378 41345, LLC; and ALC B378 37772…

John Pearson, Martina Glaser.

Economic duress: will English law assist a party who enters into a contract as a result of a lawful threat of causing economic harm?

United Kingdom - September 12 2019 It is clear that English law permits a party to avoid a contract on the grounds of economic duress but there is some uncertainty as to the…

John Pearson, Martina Glaser.