Aviation repossessions and disputes
For over 25 years, Allen & Overy has advised a wide variety of clients on repossession tactics and strategies in many different parts of the world.
We regularly act for aircraft lessors and financiers in the repossession of aircraft in the UK, Europe, Russia and Asia, beginning with the Hispania repossession in 1989. Through the 1990s we were acting frequently on repossessions involving European operators and Eurocontrol.
Over recent years we have developed a genuine global reach, exemplified by our recent role in acting for various aircraft and engine owners in successfully recovering their assets from Transaero, involving A&O teams in Moscow, London, US, Spain, France and Germany. Other recent experience includes acting in recoveries and repossessions in the UK, France, Estonia, the Czech Republic, India, Italy, Turkey, West Africa and Egypt.
We also work with aircraft lessors and financiers in relation to leasing and other aviation disputes. This includes advising an aircraft lessor on the interpretation of a leasing contract, loss claims for early return of an aircraft (including damages for failure to return aircraft in redelivery condition) and a dispute arising out of the sale of an aircraft at auction.
News & insights
News: 30 MARCH 2020
Allen & Overy today announced that Paul Keller has rejoined the firm as a partner in the litigation practice, based in New York. His return underscores Allen & Overy’s commitment to building a premier global IP litigation practice by investing in the U.S. and matching recent hires across Europe and China.Read more
Publications: 30 MARCH 2020
The Covid-19 pandemic and its consequences are having a major and sudden impact on economic activities and in particular the conditions in which contracts are being performed.Read more
Publications: 27 MARCH 2020
Members of Allen & Overy’s Insurance and Litigation teams held a call to discuss the extent to which business interruption policies protect against losses arising from the Covid-19 coronavirus outbreak.Read more
Publications: 25 JUNE 2019
The Court of Appeal has held that there is no economic duress in commercial situations where a party uses lawful pressure or threats to achieve a result to which it genuinely believes itself to be entitled, even if is not objectively reasonable for it to have that belief. An agreement will only be voidable for economic duress where a party applies lawful pressure or threats to induce another party to agree to a demand to which it does not genuinely believe it is entitled: Times Travel (UK) Ltd v Pakistan Airlines Corporation  EWCA Civ 828.Read more