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Sulija Partners Law Firm Vilnius and Allen & Overy Advise on Sale of Airbus A320 Aircraft with Lease Attached

Sulija Partners Law Firm Vilnius and Allen & Overy Advise on Sale of Airbus A320 Aircraft with Lease Attached

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Sulija Partners Law Firm Vilnius has assisted AB AviaAM Leasing, a Warsaw Stock Exchange-listed global aviation holding company, with the sale of four Airbus A320 aircraft to a subsidiary of GTLK Europe, an Ireland-based international leasing company. Allen & Overy Moscow advised GTLK Europe on the deal.

The four aircraft are on lease to Small Planet Airlines, a European leisure carrier, and Sulija Partners Law Firm Vilnius also advised AB AviaAM Leasing and Small Planet Airlines on the lease novation transactions with the new owner.

Tadas Goberis, the Chairman of the Board and CEO of AB AviaAM Leasing, described the deal as “a splendid end of one of many voluminous projects.”

The Sulija Partners Law Firm Vilnius team advising AB AviaAM Leasing and Small Planet Airlines on the transaction was led by Gintautas Sulija and Eduard Plesak. Small Planet Airlines was also supported by its in-house legal team.

The Allen & Overy team advising GTLK Europe was led by Head of Asset Finance in Russia, Ilya Dvorkin, working with Associate Vadim Turtsev.

Lithuanian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

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