The benefits of using Cayman Islands and Irish vehicles in aircraft finance transactions
One of the key issues facing lenders and lessors when considering an aircraft financing transaction is the insolvency risk associated with the aircraft ownership and leasing structure. The use of Cayman Islands or Irish off-balance sheet special purpose vehicles, which are structurally unconnected to any of the parties to the transaction and incorporated with industry standard bankruptcy remoteness techniques, is a tried and tested solution.

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Vol. 2 Issue 21 of Aviation Finance