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Judge Rules Against Insurer in $127M Suit Over Aircraft ‘Theft’

Posted on August 13, 2024

August 13, 2024

By: Lisa Willis, Daily Business Review

Pablo Rojas
Pablo Rojas

While not associated with this case, Miami attorney Pablo Rojas is on the legal team from Podhurst Orseck in Miami, counsel for Miami-based Carlyle Aviation Partners in their Florida lawsuit against various aviation insurers over unpaid claims for aircraft lost as a result of Russia’s invasion of Ukraine.

“Judge Schulman’s order recognizes that the seizure of BBAM’s aircraft in Russia constitutes a physical loss within the meaning of its insurance policy,” Rojas said. “BBAM is one of several American leasing companies who suffered losses of hundreds of millions of dollars’ worth of commercial aircraft in Russia following its invasion of Ukraine and are now pursuing justice against insurers who have refused to cover their valid claims.”

Read the original article here.