Legalflyer archive

2020

List of pages

The Corporate Insolvency and Governance Act 2020 of the United Kingdom and the Cape Town Convention

The Corporate Insolvency and Governance Act 2020 (CIGA) of the United Kingdom received the Royal Assent on June 26 and is now in force.

COVID-19 and the practical implications for the global aviation industry

COVID-19 (coronavirus) has had an early and extreme effect on the aviation industry. This article gives a short overview of some of the areas in which we are assisting our clients.

State intervention in the aviation sector: State aid issues

The below Q&A addresses the state aid implications of heightened State intervention as a result of COVID-19 – in particular, as it applies to the aviation industry in the EU.

2019

List of pages

China Foreign Investment: Expert Q&A Series – Civil Aviation industry

In our China Foreign Investment Expert Q&A series, we update you on recent developments in China’s foreign investment laws. The spotlight for this update is on the civil aviation industry.

Flight delays: What compensation can you claim?

A delayed flight can cause a great deal of frustration and financial loss for its passengers.

LIBOR transition to risk-free rates and aviation finance

On July 27, 2017, Andrew Bailey, the Chief Executive of the UK Financial Conduct Authority (the FCA) announced that the FCA would no longer compel or persuade banks to make submissions to LIBOR as from the end of 2021.

Rate claim over airport land fails to take off after Australian Federal Court decision

Councils’ ability to expand the areas over which they can charge federally leased airports “rates” has taken a blow in the recent Federal Court decision of Clarence City Council v Commonwealth of Australia [2019] FCA 1568.

Aviation if there is a “no deal” – Status overview

This article examines what a “no deal” Brexit would mean for the aviation industry following the publication of EU and UK legislation to address this.

FCPA enforcers reach for the skies: Recent cases remind aviation industry that common airline perks can create significant exposure to FCPA violations

May we please have your attention for a few safety announcements.

New solutions to support rapid growth of the Aviation industry: New York Aviation Summit

The recently unveiled, multi-billion dollar airport regeneration projects being undertaken by The Port Authority of New York and New Jersey, as well as future prospects for asset-backed securitisations and other funding options for lessors and airlines, featured on the agenda at Norton Rose Fulbright’s annual New York Aviation Summit, which took place on November 15, 2018.

building

No oral modification or variation clauses

The Supreme Court in England recently reversed our understanding of the effectiveness of “no oral modification or variation” clauses (NOM clauses).

2018

List of pages

Reducing the risk of an aircraft redelivery dispute

Over recent years we have seen an increasing number of disputes arising in relation to aircraft redeliveries.

Finding the right Brexit path for aviation – Taking control versus market access

The following is an edited version of a presentation delivered to UK Transport in Europe (UKTiE) at the House of Lords on 5 September which sought to highlight legal considerations to be confronted in Brexit negotiations.

AFIC – Aircraft non-payment insurance – a new aircraft financing product

The last couple of years have been notable for the absence of financings of Airbus and Boeing aircraft supported by the European Export Credit Agencies and US Eximbank.

Blockchains and distributed ledger for aviation

The IT world recently became excited by a new technology, called blockchains or distributed ledgers.

Aquila v Onur The case of the lease of an aircraft engine

A number of years ago we wrote about the case of ACG v Olympic which concerned the circumstances in which the defective condition of a leased aircraft might entitle the airline to refuse to pay rent.

Cookies, tracking technology and direct marketing – The impact of new ePrivacy regulation in the aviation industry

The General Data Protection Regulation (GDPR) came into effect on May 25, 2018. This legislation introduced a number of new obligations on organisations that handle personal data.

airplane on flight

An insight into airline insolvencies

The nature of an airline’s business can create unique challenges from the perspective of the various actors involved in insolvency proceedings.

Brexit: Aviation and transitional arrangements

A famous resident of Florence once observed “There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success than to take the lead in the introduction of a new order of things.”



Recent publications

Climate-change-desert

Publication

Climate change litigation update

Since our last update, the growth in climate change litigation globally has continued. While cases against the fossil fuel sector continue to be brought, there are also claims against defendants in a wider variety of high-emitting and resource-intensive sectors.

Global | September 27, 2022

Consumer markets

Publication

Essential Corporate News: Week ending September 23, 2022

The Economic Crime and Corporate Transparency Bill 2022 (Bill) was introduced in the House of Commons on September 22, 2022. The Government describes it as effectively the second part of a legislative package to prevent the abuse of UK corporate structures and tackle economic crime, following on from the Economic Crime (Transparency and Enforcement) Act 2022, which received Royal Assent in March 2022.

Global | September 23, 2022

Corporate, M&A and securities
London skyline

Publication

Essential Corporate News - Week ending September 16, 2022

On September 8, 2022 the Financial Reporting Council (FRC) published the results of a Thematic Review it has conducted into the reporting of earnings per share (EPS) in companies’ financial statements

Global | September 16, 2022

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