Our large aviation team has experienced most types of ‘distressed’ situations, from large-scale insolvencies to individual aircraft defaults. Where appropriate we combine our insolvency specialists with litigators and financing and leasing lawyers to enable the swift recovery or protection of aircraft.
We have a long and proven track record of successful involvement with the aviation industry across the world. Regular work on domestic and cross-border disputes has given our lawyers an intimate knowledge of legal processes worldwide.
Our experience includes a number of recent high-profile airline insolvencies and restructurings that have required us to:
- Advise and negotiate in the context of settlement and restructuring agreements
- Negotiate with liquidators and other insolvency officials
- Negotiate with third party lienholders
- Appoint and manage receivers
- Recover and repossess aircraft and engines
- Devise pre-insolvency contingency plans and recovery strategies
Post-repossession advice can be equally important to clients. We can give practical and legal assistance on deregistration or re-registration and other issues including the disposal of aircraft by sale, lease or otherwise.