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Chobe concessions available for citizens - Vimarsana News

Chobe concessions available for citizens

A recently adopted land policy by government has opened doors for citizens to acquire concessions in the wildlife rich Chobe District. According to the Chobe Land Board Chairperson, Johane Chenjekwa, the idea is to get more citizens actively participating in the Tourism industry. “To that end, the Board has taken a deliberate effort to allocate […]

Preventing Aircraft Leases From Being Clawed Back in Bankruptcy - Vimarsana News

Preventing Aircraft Leases From Being Clawed Back in Bankruptcy

Advertisement Structuring and Practice for Aircraft Leases to Prevent Lease Payments From Being Clawed Back in a Lessee Bankruptcy Friday, April 9, 2021 Key Points The risk that prepetition lease payments made by a lessee that is a debtor in a US bankruptcy will be clawed back from an aircraft lessor can be reduced if: the lease is a true lease rather than a disguised secured loan or finance lease one or both of basic rent and maintenance reserves are payable in advance (i.e., at the beginning of a rent period rather than at the end) basic rent and maintenance reserves are payable m...