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Special requirement imposed by the Civil Aeronautical Board to non-regular flights operations and Cooperatives are allowed to refinance payment of credits
Carey, April 2020

Special requirement imposed by the Civil Aeronautical Board (Junta de Aeronáutica Civil) to non-regular flights operations in the context of the Covid-19 sanitary emergency By Guillermo Acuña and Mariana Tupper   On March 25, 2020, and as the Chilean authority holding the superior direction of the civil aviation, the Civil Aeronautical Board (Junta de Aeronáutica Civil) issued the resolution Resolución Excenta Nº280 (“RE280”)...

English Law COVID-19 Q&A Series: Shipbuilding Contracts
Haynes and Boone, LLP, April 2020

Does the Covid-19 pandemic (or actions taken to counter the spread of Covid-19) constitute a Force Majeure in a shipbuilding contract? Is there any implied right of relief for Builder or Buyer?Does the Covid-19 pandemic (or actions taken to counter the spread of Covid-19) constitute a Force Majeure in a shipbuilding contract? Is there any implied right of relief for Builder or Buyer? Under English law, unlike civil law systems, a force majeure is neither defined nor automatically applic

Treasury Releases Guidance on CARES Act Relief to Airlines and Aviation Workers
Haynes and Boone, LLP, April 2020

On March 30, 2020, the Department of the Treasury published guidelines and procedures for passenger and cargo air carriers (together, “Air Carriers”) seeking relief under the recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act...

Cancellation Due to Pandemic: Are Passengers Entitled to Compensation?
Wardynski & Partners, March 2020

Since 15 March 2020, Poland has had aban on civil aircraft landing on international passenger flights. Since 16 March, domestic passenger flights have also been banned, except for flights in the public or state interest. Dopassengers whose flights have been cancelled as aresult of this ban have the right to compensation from the air carriers that were to operate those flights? Right to compensation for cancelled flights Under Art...

Measures Taken by the Chilean National Customs Service Regarding COVID-19
Carey, March 2020

I. Regulation Considering the Covid-19 pandemic and Chile's declaration of a State of Catastrophe, the National Customs Service ("Servicio Nacional de Aduanas," SNA)) has issued certain regulation to facilitate electronic foreign and domestic trade operations and to protect the health of people involved in its operations. Regulations currently in force and effect: A. Circular Letter No...

Congress Provides COVID-19 Relief to Airlines and Aviation Workers
Haynes and Boone, LLP, March 2020

On March 27, 2020, Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act. The $2 trillion bipartisan legislation serves as a third round of federal government support in the wake of the economic fallout from the coronavirus (COVID-19) pandemic. Among other things, the Act provides significant relief to air carriers and aviation employees. We outline some of the key provisions below...

Aircraft Finance & Leasing in Indonesia
Makarim & Taira S., March 2020

The Indonesian aviation sector has grown rapidly over the past few years. Due to this, airlines and lessors have been capitalising on the general availability of diverse sources of funding. In particular, aircraft sale-leaseback or lease trans-actions are used more frequently due to competitive pricing and Indonesia has been trying to develop a legal framework to accommodate the financing and leasing of aircraft...

Safe-Passage Permits and Authorizations
Carey, March 2020

This news alert includes information on the way in which the authorization for safe passage permits shall be granted on account of the nighttime curfew that stands in Chile as of the evening of this Sunday 22 March 2020, as an additional measure to face the Covid-19 pandemic: Individual safe-passage permit Collective safe-passage permit Permanent authorization for emergency personnel Authorization for companies and people who carry out transport of goods Airport Staff Passengers

The Transport Sector is Exempted from Norwegian Equivalent to Article 101 TFEU "Crisis Cartels" in the Wake of the COVID-19 Pandemic
Simonsen Vogt Wiig AS, March 2020

The Norwegian Ministry of Trade, Industry and Fisheries has adopted a new regulation exempting the transport sector from the prohibition in Section 10 of the Norwegian Competition Act; cf. FOR-2020-03-18-340. Section 10 is the national equivalent to Article 101 TFEU and 53 EEA. The new rules are set to apply for three months but may be prolonged or shortened, depending on how the ongoing covid-19 pandemic evolves...

Enforcement of Security Interests and Repossession of Aircraft in Scandinavia A Brief Practical Note
Simonsen Vogt Wiig AS, March 2020

The aviation industry came to a standstill this month due to the outbreak of the Covid-19 virus, and this has hit the airlines worldwide. With the majority of the fleet on the tarmac, we could potentially see a number of airlines defaulting on their lease agreements and loan facilities. The question of how to enforce security or repossess an aircraft could sadly turn out to be something the lessors and the lenders would have to look into more closely in the time to come...

COVID-19 and the Aviation Industry
MinterEllisonRuddWatts, March 2020

The impact of COVID-19 has thwarted many sectors, but none more than international aviation. Our own national carrier, Air New Zealand, has been severely affected and the recent announcement of the closure of New Zealand’s borders to all non-residents will only exacerbate the impact on this sector...

Corona and Transport Law
Heuking Khn Ler Wojtek, March 2020

In connection with the coronavirus, prices for transport services have increased, in some cases very considerably, such as when a reduction in freight space necessitates rebooking and rescheduling. Not everyone, and not even all commercial customers, may be aware of these price increases. It is also questionable whether corona-related additional costs may always be deemed usual remuneration (Section 632 German Civil Code)...

Recent Measures Implemented by the UAE Authorities In Response to COVID-19
Afridi & Angell, March 2020

The UAE authorities have been dynamic in implementing measures to control the spread of COVID-19 within the UAE. Please find below a non-exhaustive list of noteworthy measures that have been implemented by various UAE authorities to date...

Shipping: The COVID-19 and Its Impact on Shipping #2
Simonsen Vogt Wiig AS, March 2020

  On 17 February 2020, we wrote our first notes on the effect of the virus on shipping. Since then, both the outbreak as well as the measures against it are spreading wider. Link to our first article about the Covid-19 and its impact on Shipping.  We have received numerous queries from our clients and have assisted in establishing management plans for situations ranging from chartering, to shipbuilding and sale and purchase through to notices to master and crew on board...

COVID-19: How Does the Outbreak Affect International Travel?
Hunton Andrews Kurth LLP, March 2020

  Overview As of mid-March 2020, countries are responding in various ways to the outbreak of the novel coronavirus (COVID-19). Concerning immigration and movement of people around the world, these responses generally fall into a few categories, including travel warnings, travel restrictions, health screenings and quarantines, and extensions of immigration status for impacted individuals...

Legal Impact of Corona Virus on Supply Chains and Workers
DORDA, February 2020

The outbreak of the coronavirus and the measures taken by the Chinese government to contain it have brought production in China as the world's workbench to a complete standstill. Companies that operate in China or purchase such goods are currently facing delivery shortfalls. A similar situation could soon threaten Italy, where the first factory closures have already taken place...

The Coronavirus and its Impact on Shipping
Simonsen Vogt Wiig AS, February 2020

SVW has, across its offices, been giving guidance to clients both under English and Norwegian law as to the Coronavirus impact on shipping contracts, including on force majeure and similar exceptions clauses, and contract frustration. Read our recent publication, touching upon these issues. The Covid19 Virus Only two months have passed since the novel coronavirus was detected in Wuhan, China...

Commission Approves Maritime Transport Support Schemes in Cyprus
Dr. K. Chrysostomides & Co LLC, December 2019

 On 16 December 2019, the European Commission approved under EU State aid rules, five schemes to support maritime transport in Cyprus, Denmark, Estonia, Poland and Sweden. As far as Cyprus is concerned, the Commission approved the prolongation of a tonnage tax and seafarer scheme in Cyprus. The Commission found that the schemes comply with the rules limiting tonnage taxation to eligible activities and vessel...

Legal Update - Aviation Law
Fischer Behar Chen Well Orion & Co., December 2019

Small Claims Appeal Application (District Court, Tel Aviv) 56432-07-17 Iberia Airlines v. Fleisher Peled et al. The District Court in Tel Aviv-Yafo with an expanded three judge panel, rejected Iberia Airlines' appeal in the matter 56432-07-17 Iberia Airlines v. Fleisher Peled et al...

Not All Disruptors are Unicorns
TSMP Law Corporation, December 2019

Some are just donkeys with a horn.I will remember 2019 as the year when many unicorns were exposed as donkeys in disguise.Invoking the rarity and mystique of the mythical creature, a “unicorn” is the term the financial market coined for companies worth US$1 billion or more. The year opened with high hopes for such companies that sought an initial public offering (IPO) in the following months...

Incoterms 2020: The New Rules Governing Global Freight Transportation
Shepherd and Wedderburn LLP, November 2019

On 1 January 2020, the International Chamber of Commerce (ICC) will introduce its revised rules and trade terms governing global freight transport.  The Incoterms rules were first introduced by the ICC in 1936 to “establish commonly accepted definitions and rules related to the sale of goods between trading partners worldwide”, and now facilitate international trade valued in the trillions of dollars each year...

The Singapore Convention - New UN Convention on Mediation
Simonsen Vogt Wiig AS, October 2019

On 7 August 2019 a new UN convention was signed in Singapore by 46 countries, the "UN Convention on International Settlement Agreements Resulting from Mediation", also known as the Singapore Convention. The Singapore Convention applies to international settlement agreements resulting from mediation and aims to be an instrument for international trade to facilitate and promote mediation as an alternative method of resolving trade disputes...

The Cape Town Convention: Expanding to Rolling Stock - A New International Railway Registry Emerges
Simonsen Vogt Wiig AS, September 2019

The Cape Town Convention on International Interests in Mobile Equipment of 16 November 2001 (the the “CTC”) and its Protocol on Matters Specific to Aircraft Equipment has since its adaption in 2001 grown to be the overruling legal framework in the aviation industry, providing banks, airlines and leasing companies with an international unified regime on acknowledgement and enforcement of security interests in aircraft...

Legal Update: Aviation, Maritime & Tourism
Fischer Behar Chen Well Orion & Co., September 2019

The High Court of Justice held that travel agents are not permitted to sell insurance products for outside of Israel. This is in accordance with the decision of the Ministry of Finance’s Commissioner of Capital Markets, Insurance and Savings. In July 2019, the High Court of Justice rendered its decision in the matter 2969/19 The Israel Association of Travel Agencies and Consultants v. The Commissioner of the Capital Markets, Insurance and Savings Authority...

Loss of Hire Under the Nordic Plan: The "Hamburg" Judgement and the 2019 "Anti-Hamburg" Amendments
Simonsen Vogt Wiig AS, August 2019

Frithjof Herlofsen of Simonsen Vogt Wiig successfully represented an Italian shipowner in a loss of hire cover dispute against Gard. The rushed response of the Nordic Plan Revision Committee to include "Anti-Hamburg" wording in the revised 2019 Commentary to the Nordic Plan raise several concerns. Overview...

 

 

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