Ilya leads Allen & Overy’s Aircraft Finance practice in Russia and joined the Moscow office in 2008. He is a recognised expert in this field and acts for all of the leading players in the Russian market. He previously spent 18 months in Allen & Overy’s London office as a member of the Structured and Asset Finance team, acting for major lessors and financial institutions on complex cross-border asset finance transactions. Ilya’s practice features a wide range of aircraft financing matters, including pre-delivery payment financings, ECA financings, portfolio sales and leasing, as well as related Russian tax, customs and regulatory issues.
Ilya was the first lawyer to successfully lead the repossession of aircraft from Russia on behalf of an international lessor. Among others, he advised leading international lessors on the KrasAir and KD Avia cases. He also represented major aircraft lessors and banks on their restructurings and on airline bankruptcy cases in Russia. The current edition of the Legal 500 refers to Ilya as “…one of the best aviation lawyers, if not the best, in the Russian market”. In 2014, as in previous years, Vedomosti named Ilya as the best aviation lawyer in Russia.
Aviation Law Practice:
The aviation sector continues to face a number of challenges.
Increased competition, overcapacity, security concerns, climate-related pressures and rising fuel costs coupled with the increasing consolidation of airlines have had a profound impact on the industry.
Allen & Overy’s Aviation practice has built a world-class reputation advising on many of the industry’s most significant and pivotal transactions. The team comprises leading lawyers who have a thorough understanding of the latest developments in the sector and what this means for clients domestically and internationally.
We provide global coverage to the aviation industry advising across all legal disciplines including workouts and restructurings, mergers and acquisitions (public and private), funding (equity and debt), aircraft portfolio sales and purchases, engine financings, operating leases, privatisations, sales and leasebacks, major fleet purchases, EIB backed financings, export credit backed financings, mergers and acquisitions, U.S. EXIM backed financings, cross-border tax and leveraged leases, receivables, funds and maintenance contracts. We also have aviation specialists in ancillary areas such as real estate, employment and tax who offer commercial advice tailored to the sector.
Our clients include banks, financiers, lessors, lessees, export credit agencies, airlines and manufacturers on the full range of aviation matters.