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Pillsbury Pillsbury Pillsbury
Palm Beach
324 Royal Palm Way
Suite 220
Palm Beach, FL 33480-4309
Tel. +1.561.232.3300
Fax. +1.561.232.3301

New York
1540 Broadway
New York, NY 10036-4039
Tel. +1.212.858.1426
Fax. +1.212.858.1500
State of Florida
State of New York
J.D., Hofstra University School of Law, 1976
Articles Editor, Hofstra Law Review
B.A., Williams College, 1972


Payson Coleman

Payson Coleman

Payson Coleman is a partner in the law firm's Estates, Trusts & Tax Planning practice and is located in the Palm Beach and New York offices. He represents equipment financiers, airlines, lessors and manufacturers in a broad range of lease, finance, acquisition, restructuring, repossession and remarketing activities. Mr. Coleman leads the firm's Equipment Finance team. He is a member of the Legal Advisory Panel to the Aviation Working Group appointed by Boeing and Airbus to advise on the Cape Town Convention and is a member of the ABA Sub-Committee on Aircraft Financing.

Representative Matters
  • Representation of airlines and lenders in pre-delivery financing and acquisition of multiple new Boeing and Airbus aircraft, including crossborder sale and leaseback transactions, operating leases, Eximbank financings and manufacturer supported financings
  • Representation of creditors/lessors in the bankruptcies of Frontier, Delta, Northwest, Air Canada, US Airways and United Airlines, and less recently in Gemini Air Cargo, Western Pacific, TWA, Continental, Braniff, Eastern and Pan Am, and in various other restructuring and repossession/remarketing activities in connection with distressed airlines around the world
  • Representation of strategic bidder for the assets of a major railcar leasing company
  • Representation of sellers and purchasers of aircraft subject to operating leases
  • Representation of aircraft leasing companies in the purchase and lease of new and used aircraft
  • Representation of Fortune 50 purchaser of multiple new Gulfstream aircraft
  • Negotiation of NetJet fractional share purchases

Honors & Awards
  • Chambers Global, Asset Finance—USA (2007-2013)
  • Chambers USA, Aviation Finance—National (2005-2013), Banking: Equipment Finance & Leasing—New York (2008-2010, 2012-2013)
  • Best Lawyers in America, Equipment Finance (past 20 years)
  • Legal 500 US, Asset Finance and Leasing (2007-2013)
  • Who's Who Legal, Aviation—New York (2010)
  • Best of the Best USA, Aviation, Euromoney/Legal Media Group (2009, 2011)
  • Guide to the World's Leading Aviation Lawyers, Euromoney/Legal Media Group (2012)
  • International Who's Who of Aviation Lawyers (2008-2009)

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