Whether it is private aircraft, yachts, antique cars, art, collectibles or other non-financial investments, luxury assets should be a pleasure rather than a headache. No law firm is better placed than Withers to help you make the most of them.
Our clients include a significant number of the wealthiest individuals and families around the world. This has given us significant experience in advising on the acquisition, ownership and use of high-value luxury assets.
We advise on all aspects of aviation finance, including the financing, dry leasing and wet leasing of all types of aircraft. We also advise on the financing of aircraft engines, components and spare parts. ‘Each year we handle a number of private plane deals and demand is as high as ever’ says David Dannreuther, a leading partner in our London banking and finance team.
Recent work has included advising on and negotiating the purchase of a private aircraft for a Grammy Award-winning recording artist, including the preparation of aircraft management and charter services agreements. And we represented a client from the CIS in the purchase of a private Boeing 737 business jet, drafting an agreement for a loan secured against the aircraft.
Our team also covers the construction, purchase, registration and operation of yachts and other seagoing vessels, as well as coordinating the international legal advice required.
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16 September 2010
Art and cultural assets law: the export of cultural property held in bond in the UK
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