Kennedys Law LLP

Lima

The Peru office of Kennedys specialises in (re) insurance (regulatory, defence and coverage), dispute resolution, commercial and corporate matters. Our client base includes, but is not restricted to, the (re) insurance, aviation, healthcare, agriculture, construction and rail industries.

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Updates

Aviation

Practical approaches to protective remedies in Civil Aviation Law
Peru | 05 May 2021

In the context of political uncertainty in Peru, this article explains the remedies that the Civil Aviation Law provides to aircraft and engine owners and lessors to guarantee their property and creditors' rights. Since the enactment of the Security Interest Law in 2006, aircraft and engine detention is the only remedy offered by the Civil Aviation Law.

Aircraft ownership: proving title through registration
Peru | 24 February 2021

While recording aircraft leases in the public registry is in the best interests of both domestic operators and aircraft owners, the public registry does not constitute a title registry for foreign aircraft. Therefore, the rights of owners of foreign aircraft that operate in Peru may be seen as being insufficiently public under local laws. However, genuine registrations have been extended to cover the supporting documents which record title information, providing reassurance to owners of foreign aircraft that operate in Peru.

Impact of new security interest regime on aircraft finance
Peru | 18 November 2020

In 2018 the Security Interest Law was replaced by Legislative Decree 1400, which approved the security interest regime but is not yet in force. It is hoped that after Legislative Decree 1400 enters into force, it will become clear how parties can take the best advantage of the security interest on aviation-related assets (eg, aircraft, engines and rentals income), despite any delays that the new law may introduce.

Wakanda-esque restrictions – forever?
Peru | 09 September 2020

The closure of Peru's borders and the restrictions placed on international flights to and from the country due to COVID-19 have had a highly negative effect on tourism and its related industries. While the ongoing health emergency should not be underestimated, the time to reassess the aviation restrictions has arrived. The aviation industry should at least expect the government to provide clarity with regard to when international operations for passengers will be resumed.

Aviation legislation takes baby steps towards recovery
Peru | 29 July 2020

The situation faced by the aviation industry is serious and it is likely to be among the sectors which will take the longest to recover from the COVID-19 pandemic despite its importance to the development of a connected world. This article examines recent amendments to Article 274 of the Regulations of the Civil Aviation Law which aim to address the effects of the pandemic on the Peruvian aviation industry.