In brief The High Court has confirmed the decisions of the NSW Supreme Court and Court of Appeal, that attempts in Australia to wind up the national flag-carrier airline of the Republic of Indonesia, PT Garuda Indonesia Limited (Garuda), cannot proceed. The airline is a “separate entity” of the Indonesian government. As such, it successfully relied on its arguments to assert foreign state immunity in this case. Whilst similar provisions exist in other legislation, including…
In brief With a potential WeWork restructuring on the horizon, this article explores some unique issues landlords may face under their WeWork leases, with a focus on how courts around the world might address them. Key takeaways Landlords have built spaces that specifically cater to WeWork’s focus on co-working arrangements. As WeWork attempts to shed leases in a restructuring, landlords may be left with specially built spaces that are difficult to re-let. This may be…