The phrase references a selected hypothetical situation: the dissolution of marriage between people who collectively personal a single airplane. This alludes to the authorized and logistical complexities that may come up when shared property, significantly an plane, turns into entangled in divorce proceedings.
The existence of jointly-owned belongings considerably complicates a divorce. Plane possession brings with it further layers of regulatory oversight, upkeep obligations, and monetary implications. The method of dividing such an asset necessitates authorized experience, probably involving aviation regulation specialists and valuation consultants. The result may contain promoting the plane and splitting the proceeds, one occasion shopping for out the opposite’s share, or continued co-ownership beneath a legally binding settlement.