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Long arbitration and legal procedures for lessors and re/insurers of stranded aircrafts in Russia

September 28, 2022


According to a recent report by DBRS Morningstar the risk of a prolonged Russian invasion of Ukraine will further complicate the resolution of aircraft leasing insurance claims which would take years to settle, with experts believing that this would require complex arbitration and legal procedures.

More than 500 aircrafts and engines are stranded in Russia after the US, UK and EU enacted a number of sanctions against the Russian government and Russian entities.

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