Archives: Leasing

Subscribe to Leasing RSS Feed

Case Note: What does ‘give possession’ mean under the Cape Town Convention?

Wells Fargo Trust Company, National Association (trustee) v VB Leaseco Pty Ltd (administrators appointed) [2020] FCA 1269 In a significant decision for aircraft leasing and finance, the Federal Court of Australia last week provided important guidance on the meaning of the phrase ‘give possession of the aircraft object to the creditor’ as used in Article … Continue Reading

JOL-ted into action

Background Leasing has been a staple of the aviation industry for more than 40 years, and has become increasingly attractive to the shipping industry over the last five years, particularly given the scarcity of traditional bank finance. Until 2017, Chinese money was the dominant force – particularly in aviation finance. However, the Chinese government has … Continue Reading

An eye on the New Year

As we open our Advent Calendars each December, thoughts inevitably turn to Christmas, the New Year, and to what the next year will bring. But this year we are also looking 12 months ahead to New Year 2019. Why? Because January 2019 will see International Accounting Standard (IAS) 17 replaced by International Financial Reporting Standard … Continue Reading
LexBlog