CELESTIAL AVIATION SERVICES LTD v UNICREDIT BANK GMBH, LONDON BRANCH (FORMERLY UNICREDIT BANK AG, LONDON BRANCH) AND BETWEEN (1) CONSTITUTION AIRCRAFT LEASING (IRELAND) 3 LTD (2) CONSTITUTION AIRCRAFT LEASING (IRELAND) 5 LTD v UNICREDIT BANK GMBH, LONDON BRANCH (FORMERLY UNICREDIT BANK AG, LONDON BRANCH)

[2024] Lloyd's Rep. FC Plus 17

COURT OF APPEAL (CIVIL DIVISION)

Before Lord Justice Males , Lord Justice Snowden , and Lady Justice Falk

Sanctions - Banking - Statutory interpretation - Letters of Credit - Aircraft leasing - Russia (Sanctions) (EU Exit) Regulations 2019 (SI 2019 No 855) - Russia Sanctions (EU Exit) (Amendment (No 3) Regulations 2022 (SI 2022 No 195).