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ACG Prevails On Appeal With Olympic Airlines

April 19, 2013

Judge Determines That Olympic Was Bound By Its Acceptance Of An Aircraft Lease Aviation Capital Group Corp. (ACG) said in a news release that it has prevailed in the appeal filed by Olympic Airlines (Olympic) concerning the April 2012 trial judgment in ACG’s favor. In a case that has attracted considerable attention in the aircraft leasing industry, the English Court of Appeal rendered judgment Wednesday in ACG’s favor in ACG Acquisition XX LLC v Olympic Airlines S.A.

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