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The Guardian - UK
The Guardian - UK
Business
Lisa O'Carroll in Dublin

Legal fight over €2.5bn worth of aircraft stuck in Russia plays out in Dublin

Planes parked at an airport with a control tower in the background
Russian planes parked at Sheremetyevo International airport in Moscow on 1 March 2022 after western countries imposed no-fly zones in response to the invasion. Photograph: Reuters

Sitting in a nondescript building near the high court in Dublin, about 40 cloaked barristers have gathered almost daily since June last year. At stake is €2.5bn (£2.1bn) worth of aircraft stranded in Russia after the invasion of Ukraine.

Behind multiple screens and a mountain of warehouse boxes they are fighting to determine who should pay for the losses – the aircraft lessors or the several insurance companies, including Lloyd’s, AIG and Chubb.

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