World’s largest aircraft lessors and insurance firms battle over compensation for jets stranded after Ukraine invasion

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.