Global law firm Clifford Chance advised Avolon, a leading global aviation finance company, on its agreement to acquire Castlelake Aviation Limited, an entity managed by global alternative investment manager Castlelake L.P. The transaction is expected to complete in the first quarter of 2025.
The business of Castlelake Aviation Limited had total assets of $5 billion as at 31 March 2024 and comprises a global portfolio of 118 aircraft with a high proportion of new-technology aircraft.
The cross-practice team was led by Corporate partner Nicholas Rees and Asset Finance partner Oliver Hipperson. They were supported by director Chris Hardisty, senior associates Antonio Folgore, Tim Hunter-Jones, Philippa Lawson and Chelsea Bruk-Jackson and associates Alice Butcher, Sarah Boyd and Cathal Lynam. Partner Edward Page and senior associate Paul Harrington advised on the tax aspects of the transactions. Employment advice was provided by partner Chinwe Odimba-Chapman and senior associate Kristen Hammond and antitrust advice by partner Richard Blewett, counsel Chandralekha Ghosh and associate Ilya Stekunov. Partner Zarrar Sehgal and counsel John McManmon provided New York law support.
Avolon is a leading global aviation finance company with an owned, managed, and committed fleet of 1,029 aircraft, as of 30 June 2024.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
