---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-103174"
form_type: "8-K"
ticker: "AIR"
cik: "0000001750"
company_name: "AAR CORP"
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:45:49.900873+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Russian appellate court awards $13M judgment against AAR Corp in VIM-AVIA clawback suit

## Summary
- On Sept 19, 2023, Russian Appellate Court reversed trial court's dismissal and awarded $13M total judgment against AAR for four engine purchases.
- Trial court had previously awarded $1.8M on one engine and dismissed claims on three; AAR recognized $1.8M charge in Q3 FY2023.
- AAR recorded an additional $11.2M charge in Q1 FY2024 for the three engines; total liability of $13M classified as long-term on balance sheet as of Aug 31, 2023.
- Company strongly disputes judgment, citing hostile Russian legal environment and US sanctions; may seek further appellate review in Russia.

## SEC filing metadata
- accession: 0001104659-23-103174
- form_type: 8-K
- ticker: AIR
- cik: 0000001750
- company_name: AAR CORP
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750/000110465923103174/0001104659-23-103174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750/000110465923103174/tm2326551d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-103174
- JSON: https://secwatch.observer/filing/0001104659-23-103174.json
- Plain text: https://secwatch.observer/filing/0001104659-23-103174.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
