Simon Chamberlain joins Bird and Bird as partner - Airfinance Journal - April 6 - April 17 2009

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Simon Chamberlain joins Bird & Bird as partner

09 April 2009

Chamberlain joins from FFW, before which he spent ten years as an in-house lawyer at British Airways

Read more: [Bird & Bird] [FFW] [British Airways] [Simon Chamberlain]

Simon Chamberlain has joined Bird & Bird’s London office as partner in the firm’s aviation & aerospace group.

Simon has 28 years experience in the aviation industry and joins from Field Fisher Waterhouse...

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Poll

Does the 'Home Country Rule' give an unfair advantage to some airlines?

Yes

71%

No

29%

Quote

We see it as a win-win for everyone. The creditors of Allco Finance Group get a sizeable proportion of their money back, probably more than they expected. The economic interests of the senior and other subordinated aircraft lenders are fully aligned with us especially as we are investing in junior positions and aircraft residuals. We are particularly motivated to manage the aircraft well as we will not see a return on our investment until senior and junior lenders are repaid in full. We have also said that we are prepared to pay lenders down once the deal has closed. ”

Bharat Bhise, CEO of Bravia Capital, can not understand why some Allco Aviation lenders are not supportive of HNAs bid.