As investors launch legal action against NAS 2016-1 Stalking Horse bidder, AWG issues Statement of Principles on Remedies in Structured Financing with Shared Security. In March 2021, Airline Economics published an article based on the investor reaction to Stalking Horse bid launched by VMO Aircraft Leasing (VMO) – the new leasing company set up with the backing of Ares’ Private Equity Group in January 2021 – for the ten Boeing 737-800 secured under Norwegian Air Shuttle’s (NAS) Enhanced Pass Through Certificates (EETC), Series 2016-1. In that article, many industry sources warned that there would be an investor and industry reaction