Holland & Knight Represents Vx Capital in Sale of Boeing 737 Portfolio to World Star Aviation
SAN FRANCISCO (June 15, 2022) – Holland & Knight advised Vx Capital, a San Francisco-based commercial aircraft leasing company, in the sale of 30 Boeing 737-400 cargo aircraft to World Star Aviation.
The 30 aircraft are currently leased to 10 different airlines in 12 countries, including Iceland, Ireland, Brazil, United States, Belgium, United Kingdom, Hungary, Colombia, Panama, South Africa, Mexico and United Arab Emirates. U.K.-based World Star Aviation partnered with Oaktree Capital Management L.P., a global asset management firm, on the acquisition.
Holland & Knight acted as lead counsel to Vx Capital. The firm advised Vx Capital on all aspects of the transaction from letter of intent to final closing. Partners Nathan Leavitt and Audrey Sung led the firm's representation in collaboration with Associates Danielle Santucci, Laura Lewis, Mary Gong, Joe Snell and Michael Holt and Consultant Nana Prempeh.