OREANDA-NEWS. September 13, 2011. SORAINEN Latvia assisted NBI hf (Landsbankinn), a leading Icelandic financial institution, in transferring title to an aircraft which served as collateral for a loan agreement with an outstanding amount of USD 9.7 million (approx EUR 6.7 million), reported the press-centre of SORAINEN.

Assistance included drafting all documents required for re-registration of a commercial pledge, assisting in re-registration of the commercial pledge with the Commercial Pledge Register plus coordinating registration of aircraft title transfer with the Civil Aviation Aircraft Register.

The client was advised by partner Girts Ruda and associates Inese Heinacka and Edite Stipra.