Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s October 10, 2024 By L.S. Howard The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
AXA, Aircraft Lessor DAE Clinch Deal as UK Battle Over Jets Seized in Russia Kicks Off October 3, 2024 By Kirstin Ridley and Sam Tobin Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the...
Global Insurers Fight London Court Battle Over Jets Seized in Russia October 2, 2024 By Kirstin Ridley and Sam Tobin Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia...
Russia’s RusChemAlliance Sues 5 European Banks Over Aborted Gas Project September 17, 2024 Russian company RusChemAlliance has filed new lawsuits against five European banks that stopped financing the construction of a gas project...
Russian Court Orders $1.2B of Linde UK Assets Be Frozen August 14, 2024 A Russian court has ordered that assets worth around $1.15 billion of a British subsidiary of German industrial gases company...
Russian Court Orders Volkswagen to Pay $193M in Damages to Russian Carmaker July 9, 2024 A Russian court has ordered Volkswagen to pay 16.9 billion roubles ($193 million) in damages to Russian carmaker GAZ Group,...
Here Are the Legal Battle Lines in Ireland’s Multi-Billion Euro Russian Jet Trial June 28, 2024 The opening salvos have been fired in a 2.5 billion euro ($2.7 billion), Irish court battle between some of the...
Details of Aviation Lessor Settlements With Russia Over Trapped Planes June 21, 2024 Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400...
ECB Warns of Financial Stability Risks From Global Elections, Geopolitics May 16, 2024 By Alexander Weber Geopolitical tensions and a raft of elections around the world are heightening the risk that investors will be jolted by...
Three Insurers Reject Chevron’s $57 Million Claim for Iran Oil Seizure May 9, 2024 Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to...