Results 1-10 of 19
22 July 2019
A year since our briefing "LIBOR and Operating Leases" and the aviation sector is still waiting for a clear contender to replace LIBOR as the common reference rate in aircraft financings, operating leases and related hedging arrangements. The FCA's...
4 July 2019
The Williams Rail Review was established in September 2018 to look at the structure of the whole rail industry and the way passenger rail services are delivered. The review was established in response to the numerous problems that have affected the industry recently,...
13 June 2018
The reform of LIBOR and other global benchmark rates used in loans and other financial instruments continues, although a common alternative reference rate ("ARR") acceptable to banks, hedging counterparties, investors and borrowers is yet to emerge. This...
30 June 2016
In the wake of the "Leave" outcome of the UK's EU referendum last week, we consider the potential impact of a "Brexit" on cross-border aircraft financings. Given the continued uncertainty surrounding the terms and timing of Brexit,...
30 October 2015
In anticipation of the Cape Town Convention and related Aircraft Protocol (together, the "Treaty") coming into force for the UK on 1 November 2015 (the "Effective Date"), this briefing highlights key consequences and considerations going...
5 August 2015
On 27th July 2015, the United Kingdom submitted its instruments of ratification of the Cape Town Convention and Aircraft Protocol to Unidroit, the official treaty depositary. In accordance with the treaty timetable, the Convention and Protocol will enter into force...
27 March 2015
On 26 March 2015, implementing regulations in respect of the Cape Town Convention and the related Aircraft Protocol (together the "Treaty") were laid before parliament (the "Regulations").
26 March 2015
The UK implementing regulations were laid before Parliament today, 26th March 2015, and will come into effect at the same time as the entry into force of the Aircraft Protocol in the UK; that is, on the first day of the month three months after the date the UK...
Cape Town Convention and Aircraft Protocol - UK Government Response - Adoption of Alternative A; Lex Situs rule clarification
5 March 2015
On 5th March 2015, the UK Government published its long-awaited response to consultation on the ratification and implementation of the Cape Town Convention and Aircraft Protocol (the "Treaty") by the UK.
14 February 2014
The International Registry is evolving. Operating under the framework of the Cape Town Convention and the Aircraft Protocol, the Registry has published new regulations, aimed at streamlining its search and registration processes for aircraft objects. These changes...