Reynolds Porter Chamberlain

RPC and Morgan Lewis Represent Insurers and Lessor in $45M Stranded Jets Dispute Tied to Russia Sanctions Paid Members Public

In Short: Fidelis Underwriting Ltd. contends it's not responsible for a nearly $45 million claim by WWTAI AirOpCo II DAC over aircraft stranded in Russia, arguing the situation arose from the lessee's commercial choices rather than an insured risk.