Courts / Dublin / Report
Leasing firms entitled to documents in battle with insurers over Russian aircraft
Summary
The Court of Appeal upheld that several Dublin‑registered aircraft leasing firms are entitled to obtain documents from insurers who have refused to provide indemnity for aircraft "unlawfully retained" in Russia. The aircraft, valued at over one billion euro, were not returned after Russia's 2022 invasion of Ukraine. The firms—SMBC Aviation Capital, Global Aviation, Wilmington Trust SP Services, BOC Aviation, Silver Aviation, CDB Lease Finance and GY Aviation—sued insurers including Lloyds, Swiss Re, Chubb, Global Aerospace, AIG, Tokio Marine and Taiping for not covering losses under "all risks" or "war risks" policies. Insurers denied coverage, arguing the war‑risk cover was not engaged. Mr Justice Denis McDonald had earlier found the plaintiffs entitled to discover certain tranches of disputed documentation, including notices of cancellation for aviation assets in Russia, Ukraine, Crimea and Belarus from 1 February to 31 March 2022.
Who, what, where, when and why
What: Report matter: Leasing firms entitled to documents in battle with insurers over Russian aircraft. Procedural stage: appeal
When:
- February 2022 Other
- 31st March 2022 Other
- 2023-11-09 Publication
Why: The plaintiffs claim that they need the material in order to progress their claims. CNI source report
Case subjects
Applicant
Applicant
Places mentioned
- Court of Appeal
- High Court
Topics
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