Air Berlin Loan Dispute Belongs In England, UAE Airline Says
Law360, London (November 26, 2020, 1:20 PM GMT) -- Lawyers for Etihad Airways urged an appellate court in London on Thursday to continue litigation proceedings to enforce a letter of reassurance caught up in Air Berlin's bankruptcy solely in England.
Etihad's €350 million ($416 million) loan agreement with the failed airline does not grant jurisdiction in Germany, the company's counsel argues.
At the second day of hearings, Robin Dicker QC, counsel for the United Arab Emirates carrier, urged the Court of Appeal to uphold a finding by a lower court that the terms of the loan arrangement gave exclusive jurisdiction over the dispute to the courts of England and Wales.
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!