UK court decides aircraft disputes to be heard in Ukraine, not London

Published 06/06/2024, 10:53 AM
Updated 06/06/2024, 12:56 PM
© Reuters. AerCap logo is seen displayed in front of the model of an airplane and a Russian flag in this illustration taken, May 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
AER
-

LONDON (Reuters) - A legal battle between insurers and aircraft leasing companies over jets stuck in Ukraine should be heard in Ukraine rather than London, the High Court in London ruled on Thursday.

Aircraft lessors, including Ireland's AerCap, are pursuing insurers after Russia's 2022 invasion of Ukraine left aircraft stranded in Ukraine.

Judge Andrew Henshaw, in a decision relating to six separate lawsuits, ruled that the cases in London should be put on hold because of "exclusive jurisdiction clauses" requiring disputes to be heard in Ukraine.

The claimants had argued that the cases should be heard in London, in part because the ongoing war in Ukraine makes it very difficult to fairly conduct litigation there.

© Reuters. AerCap logo is seen displayed in front of the model of an airplane and a Russian flag in this illustration taken, May 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Henshaw, however, said in his ruling that "the evidence about the effect of the war on the court system ... does not indicate that the war is likely to result in substantial delays or other problems in litigating these claims effectively in the courts of Ukraine".

In March, the High Court ruled that a separate $10 billion battle over more than 200 jets stuck in Russia should be heard in London rather than Moscow.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.