Dressler Peters represents clients in buying, selling and leasing of aircraft as well as related aircraft financing and refinancing, financial restructuring, and recovery of aircraft. To this end, we assist clients in evaluating aircraft title and lien issues, negotiate escrow terms, assist in the appraisal process, and conduct closings including to ensure proper filing of documents for registration and perfection.
We represent aircraft owners and lien holders in disputes with insurance companies, and have extensive experience generally in navigating the complexities of insurance coverage issues. We also have extensive experience representing of banks in bankruptcy and insolvency proceedings involving aircraft. For example, we represented the Sr. Lender in the Turnaround Management Association’s 2013 Small Company Turnaround of the year. We forced an aircraft ambulance company into chapter 11, worked on restructuring including a 363 sale followed by receipt of seven figure lump sum payment to the Sr. Lender plus re-wrote the remainder of debt for payment over time (with de minimus cram down).