Due to the ongoing COVID-19 pandemic, lessees and lessors across many industries are attempting to ease economic tensions by agreeing to certain accommodations in respect of lessees’ obligations. In the aviation industry,...more
Can Airlines Seek Relief under EETC Financing?
Due to the ongoing COVID-19 pandemic and the resulting economic malaise, lenders and investors are seeing a flood of requests from borrowers and issuers for relief on debt...more
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 v. Far Eastern Air Transport Corp. The case was based on an allegation...more
In This Issue –
Economic duress: will English law assist a party who enters into a contract as a result of a lawful threat of causing economic harm?
A Bird on the Ground is Worth One in the Sky: Lessons from ALC v. Far...more
9/12/2019
/ Airlines ,
Appeals ,
Aviation Industry ,
Bad Faith ,
Breach of Contract ,
Contract Termination ,
Contract Terms ,
Economic Duress ,
Monopolization ,
Transportation Industry ,
UK