As part of the global UN-led effort to tackle climate change, the aviation sector has agreed a basket of measures to decarbonize the industry and achieve net zero carbon emissions by 2050. One of those measures is the Carbon...more
Letters of credit are often issued in aircraft leasing transactions as an alternative to the provision of a cash security deposit and, less frequently, the obligation to pay maintenance reserves in cash. In an airline...more
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 circumstance in which a contract may be avoided for economic duress. Requiring...more
9/16/2019
/ Airlines ,
Appeals ,
Aviation Industry ,
Bad Faith ,
Breach of Contract ,
Contract Termination ,
Contract Terms ,
Economic Duress ,
Monopolization ,
Transportation Industry ,
UK
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