It will soon be twenty years since Regulation 261[1] came into force, which introduced an unprecedented level of protection for air passengers and was supposed to provide much greater protection in cases of denied boarding, cancellation, or long delays. So, has the (in)famous Regulation 261 served its purpose?
Kyriakides Georgopoulos Advises ICBC and ACG on Aircraft Sale
Kyriakides Georgopoulos has advised ICBC Group and Aviation Capital Group on the sale, transfer, and lease novation of two Airbus A321NEO aircraft under lease to Greek airline Aegean Airlines, from ICBC to ACG.
Closing: HRADF's Sale of Heraklion Port Authority to Grimaldi Euromed and Minoan Lines Now Closed
Kyriakides Georgopoulos announced that the Hellenic Republic Asset Development Fund's sale of a 67% stake in the Heraklion Port Authority to a consortium consisting of Grimaldi Euromed and Minoan Lines (as reported by CEE Legal Matters on January 11, 2024) closed on September 18, 2024.
DWF and Clifford Chance Advise on PGE and Orsted's Lease Agreement for Gdansk T5 Terminal
DWF has advised PGE Polska Grupa Energetyczna and Orsted on a lease agreement with Istrana for the future T5 terminal in the Port of Gdansk. Clifford Chance Advised Istrana.
Baker McKenzie Advises MHP on Acquisition of KTL Ukraine Group
Baker McKenzie has advised MHP on its acquisition of KTL Ukraine Group from Ihor Khokhlov, Andriy Kuzmin, and Serhii Kocherhin.
Keker, Bujkovic, Pejovic Opens Doors in Montenegro
Milan Keker, Aleksandra Bujkovic, and Ivan Pejovic have founded Keker, Bujkovic, Pejovic – KBP Legal – in Montenegro.
TGS Baltic Advises Delamode Baltics on Funding From ACP Credit
TGS Baltic has advised Delamode Baltics on funding from ACP Credit.