This topic covers restructuring and insolvency in the context of the transport industry (aviation and shipping). Our industry/sector guides for R&I lawyers are designed to provide an insight into the aspects of a given industry/sector that are most likely to be relevant in an enforcement, restructuring or insolvency context. Companies in the selected industries often have specific corporate and financial structures and the industry may be governed by regulatory requirements.
This topic includes:
Guide to airline insolvency—introduction—this Practice Note, produced in partnership with Mark Craggs of Norton Rose Fulbright, is an introduction to the issues that arise in airline insolvencies
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If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin
Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
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