Clifford Chance
Repossession of aircraft in Russia: practical and legal issues (English)
24 March 2011
This briefing gives an overview of the main steps involved if seeking to repossess an aircraft (the "Aircraft") leased to a Russian operator/airline
(the "Lessee") and operated from the territory of the Russian Federation with a focus on major issues that are likely to arise in this respect.
Where a repossession claim concerns legal entities or individual entrepreneurs, it will be heard by the Russian arbitrazh courts (the "Arbitrazh Courts" or an "Arbitrazh Court"), which are state commercial courts with jurisdiction in economic disputes between parties that are Russian or foreign legal entities or individual entrepreneurs.
