21 October 2020
1 min read
KPMG in association with A&L Goodbody
This webinar, from KPMG Ireland and A&L Goodbody examines lessor distress with specific focus on managing tax and legal issuing on formal restructurings.
Speakers
- Joe O’Mara, Head of Aviation Finance - KPMG
- David Berkery, Partner - A&L Goodbody
Topics
Joe and David examine the following:
- The impact of a formal debt restructuring process for lessors (e.g. under US Chapter 11 or UK/Irish scheme of arrangement).
- What are the legal and tax issues for a lessor of a group reorganisation undertaken as part of a debt restructuring?
- Where are the lessor’s assets, what are the jurisdictional considerations for asset sales or lender-driven internal re-organisation and how should a lessor manage these issues?
- What are the things to think about when it comes to debt forgiveness and accounting for the costs of a debt restructuring?
This webinar took place as part of the Ishka World Tour Virtual Aviation Finance Networking Series and is republished with kind permission.
