Publication
Reforming the Consumer Credit Act 1974
Among the documents that the Government published last December as part of its Edinburgh reforms was a consultation paper on reforming the UK’s Consumer Credit Act 1974 (CCA 1974).
Brexit and aviation
The referendum held on June 23, 2016 resulted in a majority vote in favour of the United Kingdom leaving the European Union. London Partner, Emma Giddings summarises the current legal position with regard to the status of the United Kingdom within the European Union and the possible impact of a “Brexit” on aviation.
Free Trade Zones in the world’s fastest growing aviation market – lessor and lender considerations
In this article, Shanghai Partner, Fei Kwok and Singapore Senior Associate, James Bradley look at the opportunity offered for lessors, together with some considerations, for setting up operations in free trade zones in the People’s Republic of China in order to capitalise on the growth in demand for aircraft.
The cost of EC261 and how to minimise it
The EC regulation which covers airlines’ obligations to passengers relating to flight delays and cancellations, EC261, has caused significant controversy since its introduction. In this article London Partner, Robin Springthorpe reviews how airlines are managing their exposure to EC261.
International aviation and international tax avoidance – rule changes to watch for
With the shift in public opinion towards tax avoidance, governments and international organisations have moved fast to introduce new rules governing the way cross-border transactions and arrangements are taxed. Mathew Hodkin, Partner in our global tax practice group looks at the background to some of the coming changes and the measures most likely to impact the aviation industry.
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Recent publications
Publication
Calming the storm after the SVB collapse: Prudential policy the key to stability
The collapse of Silicon Valley Bank, Signature Bank and Silvergate Bank in the last week has caused turmoil in global financial market.
Publication
The EU Foreign Subsidy Regulation: A new set of wide-reaching powers for the European Commission
The European Union’s Foreign Subsidies Regulation (the FSR) entered into force on 12 January 2023 and creates a new regime aimed at combating distortions of competition on the EU internal market caused by foreign subsidies. It imposes mandatory notification and approval requirements for acquisitions of significant EU businesses and large EU public tenders, and gives the European Commission (EC) extensive powers to launch ex officio investigations. The notification requirements go live on 12 October 2023.
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