Features

Stay up to date with the latest features and issues from the global financial markets:

Bankruptcy trends in the US: Filings decline for the seventh year

By Samuel J. Gerdano and Ed Flynn, American Bankruptcy Institute

The bankruptcy laws in the United States are designed to provide a fresh start to debtors and to give fair treatment to creditors. Many prominent corporations have filed in recent years, and about one out of eight adults in America has filed a personal bankruptcy case. In this article, Samuel Gerdano and Ed Flynn of the American Bankruptcy Institute present a brief overview of recent bankruptcy developments in the US.

The importance of the Irish leasing sector based in Dublin

By Trevor Buckley, Acumen Aviation

The Irish Aviation Authority describes Ireland as “a nation of aviators”. Dublin became a city of aviators in mid-January as the world’s two biggest aviation conferences – the 5th Annual Airline Economics Growth Frontiers and 19th Annual Global Airfinance Conference – descended on the city, attracting over 4,500 delegates to Dublin endorsing its position as a pre-eminent hub for the global aircraft leasing industry.

Bond offerings and liability management exercises by sovereign and quasi-sovereign issuers

By Reuven Young and Radoslaw Michalak, Davis Polk & Wardwell London LLP

Recent years have seen increased activity in the capital markets space by sovereign and quasi-sovereign issuers, including a number of “green bond” issuances and refinancings of outstanding debt. With this trend expected to continue, it is timely to analyse the options available to government issuers planning to issue debt in the international capital markets or engage in liability management exercises.

IFRS 16 leases

By Chris Biggs, Theta Financial Reporting

Chris Biggs from Theta Financial Reporting looks at the risk-based, practical approach surrounding the implementation of IFRS 16. Much has been written over the last year on the technicalities of IFRS 16 – which I will not repeat here. Instead I will focus on the practical issues surrounding implementation, providing you with insights as to the common pitfalls to beware of and advice on how to best develop a sensible, efficient and pragmatic approach to implementation.

Current activity and future thoughts on uk aircraft finance

By Colin Sach, Sach Avro Limited

Colin Sach of Sach Avro Limited discusses the upheavals faced by the UK aviation market over the last 18 months or so – the impact of terrorism, the Brexit vote and the loss of further airlines to name but three.

The possible impact of Brexit on the leasing industry

By Lindsay J. Town, IAA-Advisory Ltd

Lindsay J. Town, Chairman and Chief Executive of IAA-Advisory looks at how the changes from Brexit that impact the UK and wider EU economies will inevitably have an impact on the leasing industry’s performance and prospects.