Sanctions trump letters of credit in Supreme Court setback for lessors

26/03/26

ICLG, 26/3/26

In UniCredit Bank (respondent) v Constitution Aircraft Leasing (first appellant) and Celestial Aviation Services (second appellant), the first appellant was represented by Akhil Shah KC and Leonora Sagan of Fountain Court Chambers, instructed by Quinn Emanuel Urquhart & Sullivan. The second appellant was represented by Mark Howard KC and Fred Hobson KC of Brick court Chambers, also instructed by Quinn Emanuel Urquhart & Sullivan.

https://iclg.com/news/23699-sanctions-trump-letters-of-credit-in-supreme-court-setback-for-lessors