We were advising a Cypriot client as an owner and lessor of one Airbus 320-200 in an aircraft sale transaction to US origin investment fund. The value of the deal USD 12,5 Million.
The advice included structuring and coordinating the entire transaction, as well as the implementation - preparation of legal documentation, negotiation, performing the closing. We were also dealing with the lease novation, lease being a Latvian airline.
AVERUS partner Laura Cereskaite-Kinciuviene was supervising the transaction and assisting the client.