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Established in 1965, Doulah & Doulah is now one
of the oldest law firms in Bangladesh
Recently Bangladesh has been a signatory to Cape Town
convention and thus submitted all relevant underlying forms duly
signed towards the completion of its ratification. This entitles the
Government to waive the requirement from additional guarantee by way
of registering all relevant rights chronologically in the aircraft
registers under the Cape Town Convention. The firm is the honorary
advisor to the Aviation Working Group (AWG).
Doulah & Doulah is undoubtedly leading the aviation practice sector in Bangladesh. Starting from the regulatory frameworks the firm has wide experience in this sector with respect to advisory work and drafting of documents on a wide range of aviation matters, including protecting, perfecting, and enforcing ownership or security interests in aircrafts, cross border aircraft purchase, mortgage of aircrafts and aircraft parts, wet and dry leasing of aircrafts as well as financing of the full range of aircraft related transactions. As far as the lease financing capabilities of the firm is concerned the firm advises on all sorts of aircraft purchase, lease, mortgage, licensing, and lien etc. issues. The firm also has significant experience in handling carriers’ liability resulting from casualties, collision, pilotage, towing and salvage under Bangladesh law and international conventions. Recent experience includes:
• Regulatory Framework, Incorporation and Operation of Airlines:
Doulah & Doulah has been working for different airlines in Bangladesh with respect to their incorporation and day to day operation Clients include Etihad Airways, Gulf Air, Air Arabia, Saudi Arabian Airlines, Korean Air, Singapore Airlines, Lufthansa etc.
• Finance in Best Air Aviation Ltd.:
Doulah & Doulah has conducted all relevant due diligence over Best Air Aviation Ltd. for Al Aqeeq Aviation followed by complete negotiation for Al Aqeeq with a private equity investment of US$3million.
• Lease Finance:
Recently the firm assisted General Electric Capital in completing lease finance of two McDowell Aircraft, one DC aircraft and one Boeing in GMG Airlines. The firm assisted General Electric Capital in completing lease finance of two Boeing Aircraft in Biman Bangladesh Airlines. The firm assisted International Lease Finance Corporation in completing lease finance of one Aircraft in GMG Airlines. The firm assisted Ansett Worldwide Aviation Services in completing lease finance of one Aircraft in GMG Airlines. The firm just completed a transaction for Air Atlanta Icelandic for a wet lease of one Boeing Aircraft to Biman Bangladesh Airlines. The firm is working for Aircastle Advisor (international) Ltd. in completing lease finance of a number of Aircrafts to a local operator in Bangladesh.
• The firm regularly acts for General Electric Capital Aviation and International Lease Finance Corporation (Aercap) the market leaders in aviation lease finance
• Purchase of aircraft:
Doulah & Doulah assisted Avolon in the purchase of one aircraft which was leased to a local air operator followed by a novation in the ownership of the aircraft. It also worked for the subrogation of one McDonell Douglas Aircraft currently leased to a local operator from National Aviation Solutions to General Electric Capital.
• Doulah & Doulah has also worked for Dowty Aerospace with respect to its supply contracts with a number of air operators in Bangladesh
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Doulah & Doulah is a Partnership Law Firm Registered in Bangladesh (registration number: 27074/84)
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