When one of the Irish subsidiaries of Russian aircraft lessor GTLK filed legal action against EasyJet, it dragged a household brand name in air travel into one of the most vexed liquidations in Irish corporate history. GTLK is an aircraft lessor owned by the Russian state but it was operated by a main entity registered in Ireland, along with several subsidiaries. When Western sanctions bit on Russia after the full-scale invasion of Ukraine, GTLK was hammered by restrictions that forced the Irish company into liquidation – a multi-billion-euro, multi-year undertaking that is ongoing today, led by Damien Murran and Julian…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Get unlimited access to The Currency and The Wall Street Journal with an annual membership – and receive a free, signed copy of Vincent Browne’s new book, Charles Haughey: Glory, Greed and Guns, delivered straight to your door.