Clifford Chance advises Standard Chartered on sale of its global aviation finance business

International law firm Clifford Chance advised Standard Chartered on agreements to sell its global aviation leasing business to AviLease and a portfolio of secured aviation loans to PK Airfinance. Both transactions are expected to complete towards the end of 2023. The multijurisdictional cross-practice team was led by Corporate partner Nicholas Rees and Aviation Finance partner Ranbir Hunjan. They were supported by senior associates Ryan Wild and Philippa Lawson and associate Liam Porritt. Partners Nicola Hemsley and Richard Kalaher, Director Edward Page and associate Viktoria Parkhomenko advised on the tax aspects of the transactions. Employment advice was provided by partner Chinwe