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Aviation transactions

20 Dec 2021

The law firm has represented a Cypriot company purchasing and later leasing one (1) Bombardier Global Express aircraft used for private operations. The law firm acted as a major coordinating legal counsel in this transaction and drafted all aircraft acquisition, leasing, subleasing and security documentation. As usual, transactional documents have been governed by English laws and included involvement of a leading US escrow agent. The value of the transaction exceeded US$5,000,000 dollars and involved German, Latvian, Cypriot, US, and San-Marino jurisdictions. 

After the outbreak of COVID-19 pandemic, acquisition of aircraft for private operations has been booming in this region. Our experience confirms that San Marino aircraft registry is often chosen when the aircraft have not been imported into the EU. Owners tend to apply for temporary admission regarding operations in the EU.

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Highlights

Litigation

13 Nov 2023

The law firm has successfully represented the client at the Klaipėda Regional Court in a case where damages were awarded to the client in relation to the annulment of an Option Agreement.

Protection of creditors' rights in the downfall of a Lithuanian fintech company

11 Nov 2023

As one of the Lithuanian players of the fintech sector undergoes bankruptcy proceedings, the law firm representing creditors closely monitors the situation at UAB "PAYRNET" to secure their rights and recoup losses

Disputes resolution

21 Jun 2023

Successful representation at the Supreme Court of Lithuania on recognition and enforcement of Russian court rulings in Lithuania

International recognition - Dispute resolution

12 Apr 2023

The law firm Šulija Partners Law Firm Vilnius has been listed as one the leading law firms Dispute Resolutions practice area

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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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