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Top 10 of 145 law firms for Operating Leases, Aviation Law
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This covers aviation leases in which an operator uses an aircraft under an operating (or true operating) lease, with ownership retained by the lessor. It includes dry and wet lease concepts, maintenance reserves, insurance arrangements and return conditions at redelivery. A solicitor negotiates and drafts the lease and any ancillary documents, such as maintenance and service agreements, engine and component support, and security or refinancing documents, coordinating with lenders, airlines and regulators. It may also involve cross‑border issues and regulatory compliance with the CAA and EASA where applicable.
What a solicitor handles in these matters
The solicitor handles precise lease terms (rent, payment cadence, escalation, redelivery conditions), clearance of maintenance agreements, return condition covenants, insurance, liability allocations, and any cross‑border tax or currency issues. They also advise on default remedies, repossession, and interaction with any security interests, ensuring compliant documentation and risk allocation.
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