UK Court Freezes VietJet Assets in $250M Leasing Dispute

VietJet hit with global asset freeze over debt dispute

VietJet hit with a global asset freeze in a UK court dispute over a US$250 million debt to London firm FitzWalter Capital. Read more at straitstimes.com.

UK court freezes VietJet assets in $250M leasing dispute

The UK Commercial Court has frozen VietJet worldwide assets as FW Aviation seeks to recover over $250 million in aircraft leasing debt.

Vietjet’s domestic ambitions dealt a blow after court orders global asset freeze

The order comes after a long-running battle with an investment firm seeking back payment for the use of four planes by the airline.

Worldwide freeze on Vietjet assets as judge questions Caymans set-up

The British High Court says the airline is a “won’t pay” not “can’t pay” debtor, freezing assets in a $360 million court battle with a former Macquarie banker.