Airline Lessee Have A Globally Recognized Chapter 11 Alterna

The use by Malaysia Airlines' subsidiary, MAB Leasing Ltd., of an English Scheme of Arrangement to compromise aircraft lease obligations proved that US Chapter 11 is not only route to globally recognised compromise. Airline lessors should prepare for this as an alternative.

Related Keywords

Cape Town , Western Cape , South Africa , Malaysia , United Kingdom , Malaysian , Khazanah Nasional Berhad , Malaysia Airlines , Lugano Convention , Leasing Ltd , Cape Town Convention , Malaysia Aviation Group Berhad , How Did The English Court , United Kingdom Companies , Malaysia Airlines Berhad , Group Restructuring , English Scheme , Restructuring Plans , Companies Act , Insolvency Act , Restructuring Plan , Scheme Creditor , Town Convention , Operating Leases , International Interests , Aircraft Equipment , Kingdom Cape Town , United Kingdom Cape Town Regulations , United Kingdom Cape Town , Are Some , Scheme Constitute , Lessors Should Have English Processes , English Process , Attractive Solution , For European , English Court Arrive , Agree With , Lessor Prepare Itself , Legal , Business , Government , Lobal , Nglish Scheme Of Arrangement , Restructuring Processes , Irline Leases , Irline Lessors , Irline Lessees , Ircraft Lease Obligations , Ankruptcy Alternatives , K Restructuring Processes ,