A gavel on a stack of US $100 bills (Photo: RomanR – stock.adobe.com)

A summary judgement was reached in favor of Babcock & Brown Aircraft Management, one of the world's largest aircraft lessors, against a group of nine insurance companies. The suit alleged the insurers refused to pay claims for aircraft seized by Russia following its invasion of Ukraine.

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Lisa Willis

Emmy award winning news anchor, reporter, weathercaster, writer, news director, marketing specialist having served in Miami, NYC, Baltimore, Seattle, Charleston, Myrtle Beach.