Global law firm Norton Rose Fulbright has advised Willis Lease Finance Corporation on the purchase of the consulting and asset management business of TES Aviation Group by way of a pre-pack administration sale.
Willis Lease Finance Corporation (Willis) leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries. These leasing activities are integrated with engine and aircraft trading, engine lease pools supported by cutting-edge technology, as well as technical and asset management.
Chris Randall, corporate partner in the London office commented:
“We are delighted to have advised Willis on this interesting transaction which will enhance their offering to their clients and expand their customer base as they continue to grow their business.”
The London team was led by corporate partner Chris Randall assisted by Sarah Tonks (of counsel) and Krystal Jumbo (associate). Further specialist advice was provided by Catrina Smith (partner, employment) and Lauren Pullen-Stanley (senior associate, employment) , Mike Knapper (partner, intellectual property) and Alex Smyth-Osbourne (associate, intellectual property), Dan Cowdy (senior associate, banking and finance), Dan Wagerfield (partner, real estate) and Hattie Ridley (associate, real estate), James Stonebridge (partner, banking and finance), Duncan Batchelor (partner, banking and finance), Gemma Long (of counsel, banking and finance) and Gemma Patterson (associate, banking and finance).
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