LCWP acted for BOC Aviation.
AirAsia X Bhd (AAX) along with its wholly-owned subsidiary AAX Leasing Two Ltd had withdrawn their application to challenge the registration of a UK court judgement by its lessor BOC Aviation Ltd for the airlines to pay it US$23.38 million (RM96.85 million).
It is understood AAX and AAX Leasing had also agreed to pay costs of RM5,000 to BOC Aviation. Initially a hearing date was fixed for last October, but that did not proceed.
The withdrawal was recorded before High Court (appellate and special power division) Justice Datuk Ahmad Kamal Md Shahid when the case was called up.
The LCWP team was led by Kwan Will Sen (Picture) and Joyce Lim.
Law Firms: LCWP;
Clients: BOC Aviation;