IBA in association with Clifford Chance are offering a free virtual masterclass on managing defaults and repossessions.

Phil Seymour, IBA’s Company President and ISTAT Senior Appraiser Fellow, and Oliver Hipperson, Partner at Clifford Chance, will be joined by a panel of experts to share and provide insight, best practise and guidance to the finance community on managing unscheduled early redeliveries.

In this hour long session, the panel will offer guidance and advice to help financiers prepare for unscheduled returns and defaults, outline how to secure aircraft and engines whilst maintaining asset value and how to navigate both the legal requirements and the practical/pragmatic considerations.

Key outputs include:

• Risk levels in the current climate
• Contingency planning
• Default and termination rights
• Notices and lease termination formalities
• Recovering assets, records and maintain asset value
• Avoiding unwanted repossession cost