The fact that Aeropodium is again the organizer for the 8th international aircraft repossession symposium to be held on April 21, 2015 in Dublin, Ireland, suggest that aviation is going though a financial and cultural seachange. Frequently aircraft on scheduled and charter services are being seized on landing at a variety of airports but all too often these valuable assets are being put beyond the reach of their owners and more direct action for recovery has to be considered. Legally crossing borders is a grey area and the event seeks to clarify what is permissible.
This event is sponsored by Shergroup and moreJet and is to be chaired by David Chamberlain of Watson, Farley & Williams. Following sessions in Miami, London, Dubai and India, this symposium will take place in Dublin to explore the latest developments in the field of aircraft repossession and recovery.
Its being billed as a unique opportunity to network with aircraft operators and manufacturers, banks, financial analysts, leasing and finance companies and other aviation professionals with an interest in aircraft repossession and recovery. Speakers lined up include Jan Michael Bosak of Elix Aviation Capital, Professor Patrick Honnebier of Gomez and Bikker Law Offices, Ben Jacques of WNG Capital, Yves Lavigne of World Assets Transition, David Louzado of ICF International, Roland McKay of Kayway Aero, Alison McKenzie of Kennedys, Richard Mumford of Stevens & Bolton, Robert Ricketts of Clark Ricketts, Claire Sandbrook of Shergroup, Ken Sewell of IBA and Robert-Jan Temmink of Quadrant Chambers.
The programme will cover a variety of issues such as securing aircraft assets, practical legal issues on repossession, bankruptcies or repossessions in the last 18 months. Workshops will cover best practices when a repossession becomes possible, lessons learnt from previous experiences, when repossession should not be the recommended course of action.
Other areas will cover how much a repossession typically costs, practical advice, the successful repossession of an aircraft may not include its nationality deregistration, the law of enforcement and the role of the UK as a vital hub for repossessions. When is the right time to plan a repossession, making sure your lease helps, rather than hinders, repossession, aircraft repossession in emerging countries, and repossessions that occur when an aircraft is arrested to satisfy a judgment debt. The world is clesarly becoming a difficult place to do business
JULIAN BRAY ++44(0)1733 345581, Journalist, Broadcaster, Aviation Security & Operations Expert, Travel / Cruise Industry, EQUITY, NUJ, Broadcast COOBE ISDN ++44 (0)1733 345020 (DUAL CODEC) SKYPE: JULIAN.BRAY.UK e&oe Cell: 07944 217476 or iPhone 0743 530 3145 #VENDOR 10476453 http://feeds.feedburner.com/BraysDuckhouseBlog