10 Apr 2025
Our law firm advised on the acquisition of a Bombardier BD-700-1A10 aircraft by a Cypriot company and its subsequent lease to a Delaware-based operator for use in the United States.
The mandate included drafting and negotiating the Aircraft Sale Agreement and the Dry Lease Agreement, as well as coordinating with counterparties and regulatory authorities to ensure a smooth closing. The firm also assisted with the establishment of a U.S. trust structure for aircraft registration purposes and managed documentation across multiple jurisdictions.
The transaction, valued at approximately USD 11 million, involved U.S., Cypriot, and Latvian law, underscoring our expertise in complex cross-border aviation transactions.
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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