COBALT advised SMBC Aviation Capital and Falko Regional Aircraft Limited as local counsel in carrying out a transaction whereby SMBC Aviation Capital sold to Falko Regional Aircraft Limited five Embraer aircraft, two of which are registered in Estonia.
SMBC Aviation Capital is one of the leading global aircraft financing, leasing and management companies, with a fleet of 285 owned aircraft and 133 managed aircraft. Falko Regional Aircraft Limited is a leading specialist regional aircraft financing, leasing and management company, with the world’s second largest portfolio of managed regional jets by aircraft numbers.
As local counsel, COBALT assisted the parties in the review and preparation of the transaction documents from the perspective of Estonian law requirements, communications with the relevant local authorities and in carrying out the required registration procedures in Estonia.
COBALT’s team for this project consisted of partner Marina Tolmatshova, associate Mattias Tammeaid and junior associate Madis Reppo.