Case Nos: CL-2022-000294; CL-2022-000557; - [2025] EWHC 2529 (Comm)

CL-2022-000611; CL-2022-000662;

CL-2022-000697; CL-2023-000148

IN THE HIGH COURT OF JUSTICE

BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES

COMMERCIAL COURT

Royal Courts of Justice, Rolls Building

Fetter Lane, London, EC4A 1NL

Before :

MR JUSTICE BUTCHER

Between :

AERCAP IRELAND LIMITED v AIG EUROPE S.A. & OTHERS (CL-2022-000294)

DUBAI AEROSPACE ENTERPRISE (DAE) LTD & OTHERS v LLOYD’S INSURANCE COMPANY S.A. AND OTHERS (CL-2022-000557)

FALCON 2019-1 AIRCRAFT 3 LIMITED v LLOYD’S INSURANCE COMPANY S.A. & OTHERS (CL-2022-000611)

KDAC AIRCRAFT TRADING 2 LTD & OTHERS v CHUBB EUROPEAN GROUP SE & OTHERS (CL-2022-000662)

MERX AVIATION SERVICING LTD & OTHERS v CHUBB EUROPEAN GROUP SE & OTHERS (CL-2022-000697)

GASL IRELAND LEASING A-1 LIMITED v THE UNDERWRITING MEMBERS OF KILN SYNDICATE 510 FOR THE 2021 YEAR OF ACCOUNT & OTHERS (CL-2023-000148)

Russian Aircraft Lessor Policy Claims

Stephen Midwinter KC and Edward Ho (instructed by Herbert Smith Kramer Freehills LLP) for AerCap Ireland Limited

Joseph England (instructed by McGuireWoods London LLP) for GASL Ireland Leasing A-1 Limited

Robert-Jan Temmink KC and Tom Nixon (instructed by Morgan, Lewis & Bockius UK LLP) for Merx Aviation Servicing Limited and others

Andrew Wales KC and Clara Benn (instructed by Holman Fenwick Willan LLP) for AIG Europe S.A. and/or others in their capacity as all risks insurers in the AerCap and Merx Claims

Adam Fenton KC, Keir Howie and Charles Littlewood (instructed by Wikborg Rein LLP) for the Global all risks insurers in the Genesis Claims

Richard Waller KC, Jawdat Khurshid KC, Michael Ryan and Joshua Fung (instructed by Kennedys Law LLP) for Lloyd's Insurance Company S.A. and others in their war risks capacity in the AerCap, Merx and Genesis Claims

Akhil Shah KC, James Duffy KC, Nick Daly and Max Kasriel (instructed by CMS Cameron McKenna Nabarro Olswang LLP) for Tokio Marine Kiln Syndicates 0510 and 1880 for the 2021 year of account and HDI Global Specialty SE in their capacity as war risk insurers in the DAE, Falcon, KDAC, Merx and Genesis Claims

Peter MacDonald Eggers KC, Timothy Kenefick and Rebecca Jacobs (instructed by Reynolds Porter Chamberlain LLP) for Fidelis Underwriting Limited, Fidelis Insurance Ireland DAC and Fidelis Insurance Bermuda Limited

David Peters KC and Daniel Schwennicke (instructed by Clyde & Co LLP) for Chubb European Group SE

Harry Wright and James Goudkamp (instructed by Penningtons Manches Cooper LLP) for Swiss Re International SE

Charles Kimmins KC and Michal Hain (instructed by Kennedys Legal Solutions Pte Ltd) for for Liberty Mutual Insurance Europe S.A and Lancashire Insurance Company (UK) Limited

Hearing dates: 15-16 September 2025

Approved Judgment

This judgment was handed down remotely at 10.00am on 6^th October 2025 by circulation to the parties or their representatives by e-mail and by release to the National Archives.

.............................

MR JUSTICE BUTCHER