Nimish Vakil is a well-recognised figure in the Indian market where he is commended for his expertise in aircraft and aircraft finance transactions.
Nimish Vakil is a partner in the firm of Tyabji Dayabhai, one of Mumbai's oldest law firms.
After qualifying as a solicitor in Mumbai in 1991 and in London in 1992, he has been actively associated with over 300 aircraft transactions involving around 700 aircraft such as lease (operating and finance), sale-leaseback, share sale, purchases, restructuring, asset back securitization, lease extensions, refinancing, redeliveries and novations. He has represented various financiers/banks including US Exim Bank; Wells Fargo Bank Trust Company, National Association; Wilmington Trust Company; Export Development Canada; Investec Bank plc; Bank of Tokyo-Mitsubishi; BNP Paribas; Bank of Nova Scotia; Barclays; DB; KfW; Natixis; Standard Chartered Bank; ING; CACIB; UKEF; Citibank.
Aircraft leasing companies he has represented include GECAS, CIT, Aero Capital Solutions, ACG, Altavair, DAE, Dynam Aviation, CDBALF, Orix, Macquarie, Milestone, Jackson Square, Avolon, AWAS, MCAP, Aercap BV, Cheung Kong, Alterna, Goshawk, Accipiter, AVIC International Leasing Company, Wings Capital and BJets.
Nimish Vakil has been a speaker at various conferences since 1995, including the International Airfinance Legal Conference; and the Euromoney India Airfinance Conference; and the Everest South Asia Aviation Finance Conference. He has also written articles in respect of aviation-related issues in India Business Law Journal and the Airfinance Annual.
He has advised and been successful in helping lessors/owners (such as AWAS, CIT, DAE, ACG, Altavair, Alterna, Wings Capital, Investec, ING, CACIB and Standard Chartered Bank) to deregister and repossess their aircraft in India, either through court intervention or out-of-court negotiations with lessees such as Kingfisher, SpiceJet and Jet Airways. He also assists clients in liaising with Indian government authorities such as the Airport Authority of India, Air Traffic Control and the Directorate General of Civil Aviation, as well as private airport entities.