The English Court of Appeal confirms the effectiveness of Certificates of Acceptance in aircraft leasing transactions | White & Case LLP International Law Firm, Global Law Practice
The English Court of Appeal confirms the effectiveness of Certificates of Acceptance in aircraft leasing transactions

The English Court of Appeal confirms the effectiveness of Certificates of Acceptance in aircraft leasing transactions

The Court of Appeal's recent decision in Olympic Airlines SA (in special liquidation) v ACG Acquisition XX LLC [2013] EWCA Civ 369 gives welcome comfort to lessors that properly drafted Certificates of Acceptance will provide an effective defence to claims that a leased aircraft did not meet the contractually agreed specifications.

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