Publications & Presentations
We encourage you to peruse this Publications & Presentations section for timely analysis and industry insights, including bylined articles, client alerts, white papers, practice and industry newsletters, audio and video broadcasts, featuring interviews with our lawyers, as well as case studies highlighting compelling legal challenges our clients have faced.
Also, please visit our Events page to learn more about upcoming seminars, CLE programs, and other presentations which may be of interest.
Recent PublicationsView all Publications
Portfolio Management: Managing the Transition of Aircraft Coming off Lease
Author: Debra Erni
This article was originally published in the 2014 September/October issue of Airline Economics
The matter of redelivering an aircraft at lease expiry or upon an early termination is an extremely complex one, and often significantly more emotive than its acceptance into service. With the operating lessors’ percentage of the world’s aircraft fleet showing no signs of slow down, an efficient transition process from the current lessee to the next is critical in preserving the integrity and value of the asset, good customer relations and ultimately return on investment for a lessor. There are no common rules for return procedures, even for aircraft of the same type and age, and the fact that there is no hard and fast guarantee that the parties who originally negotiated the redelivery conditions in a lease will still be around to explain any ambiguities at lease-end only increases the potential for misunderstanding and miscommunication. Couple this with the peculiarities of a particular aircraft’s identity, history and problems, different individuals with different mentalities, languages, technical experience and expectations and it soon becomes all too apparent of just how much could go wrong.
Pillsbury Publishes Go-To 2014 Election Guide
Authors: Frederick K. Lowell, Kathryn E. Donovan, Anita D. Stearns Mayo, Emily B. Erlingsson, Elizabeth Vella Moeller, The Honorable Gregory H. Laughlin, Brian E. Finch, Craig J. Saperstein, Graham G. Wisner, Aimee P. Ghosh, Anita Epstein
Pillsbury’s political law and public policy groups break down the need-to-know numbers for this year’s election. Pillsbury’s biennial Election Night Guide examines the potential outcomes for the 2014 midterm elections, as well as for the state governor’s races that will be decided on Nov. 4.
Lehman Decision Transmutes Structured Finance Investors into General Unsecured Creditors
Authors: Leo T. Crowley, Margot P. Erlich
This article was originally published in the October 2014 issue of Pratt’s Journal of Bankruptcy Law.
The U.S. Bankruptcy Court for the Southern District of New York recently ruled that Lehman Brothers Holdings Inc. cannot subordinate securities fraud claims filed by holders of mortgage-backed securities under Bankruptcy Code Section 510(b) even though a Lehman Brothers affiliate and co-debtor was the depositor of, and considered the issuer for securities law purposes of, the mortgage-backed securities. The authors of this article discuss this very significant ruling and its consequences.