25 Nov 2020
The law firm has advised a Cypriot company Airhub Aviation Limited and a local airline UAB “GetJet Airlines” on the financing of 2 Diamond DA40NG and 1 Diamond DA42-VI aircraft and 1 Diamond Convertible Flight Simulator provided by Apple Bank for Savings, a stock-form savings bank chartered under the Banking Law of the State of New York, USA.
The firm advised the borrower on the loan agreement and supporting documents, negotiated and drafted a mortgage agreement under Lithuanian law securing the financing provided by client pledging the aforementioned 3 aircraft registered in Lithuania and 1 flight simulator under local Lithuanian law, advised on the guarantee and all other related matters. The value of the matter exceeded EUR 2,000,000.
2 Sep 2026
When a Compliance Review Becomes a Prolonged Restriction on Access to Funds: Legal Challenges, Financial Consequences and the Limits of Financial Institutions’ Powers
31 May 2026
Unexpected account restrictions, frozen funds, payment blocks and customer offboarding decisions by financial institutions can have serious consequences for both individuals and businesses
20 May 2026
The law firm acted as lead advisor in the multi-jurisdictional transaction involving the Bombardier Global XRS business jet
15 May 2026
Šulija & Partners acted as Lithuanian local counsel in connection with a cross-border aviation ABS refinancing transaction involving two Boeing 737 aircraft
Šulija Partners Law Firm Vilnius, registered office Jogailos street 11, Vilnius, LT-01116, Lithuania, fax +370 52051926, e-mail: info@SulijaPartners.com
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