Russian Court Freezes Volkswagen Assets in Russia March 21, 2023 By Gleb Stolyarov A Russian court on Monday froze all Volkswagen assets in Russia, in the latest obstacle to the German carmaker’s year-long...
Citgo’s Lawsuit Against Lloyd’s Insurer Over Seized Venezuelan Oil Gets Go-Ahead March 16, 2023 By Robert Burnson Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after...
Aircraft Lessor AerCap Says Russian Airlines Proposing Settlements for Stranded Jets March 3, 2023 Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements...
U.S. Firms in Taiwan Making Business Continuity Plans Amid Tensions With China February 7, 2023 Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise...
Intercontinental Exchange to Start Rival London Gas Market to Dodge EU Price Cap January 30, 2023 By John Ainger Intercontinental Exchange Inc. will open a parallel natural gas market in London to help traders avoid potential disruptions from new...
Aircraft Leasing Companies Cautious About Risky Markets After $10B Hit in Russia January 23, 2023 By Conor Humphries and Padraic Halpin Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after...
Russian Airlines Explore Buying Stranded Jets From Western Leasing Firms December 27, 2022 By Gleb Stolyarov and Carolyn Cohn Russian airlines have held exploratory talks with at least one major Western leasing firm about using state funds to buy...
Aircraft Lessors’ Lawsuits Against Their Insurers Rise to $8B for Seized Russian Planes November 30, 2022 Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss...
SMBC Joins List of Aviation Lessors Suing Insurers Over Jets Stuck in Russia November 29, 2022 SMBC Aviation Capital has joined most of the world’s largest aircraft lessors in pursuing insurance claims through the courts over...
Aircraft Lessors Sue Insurers for $6.5 Billion Over Planes Trapped in Russia November 22, 2022 Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits over the loss...