Regulations and Government
Risky Aircraft Deals Spurring Legal Cases
Aircraft transaction attorney Paul Lange said his office is seeing a "fair amount" of cases surrounding risky deals from overheated market.
During NATA's recent Aviation Business Conference, aviation transaction attorney Paul Lange highlights the pitfalls of risky transactions that have been occurring in the recent overheated market. (Photo: NATA)
During NATA's recent Aviation Business Conference, aviation transaction attorney Paul Lange highlights the pitfalls of risky transactions that have been occurring in the recent overheated market. (Photo: NATA)

The race to close preowned business aircraft deals in the face of a shortage of inventory is already beginning to result in legal cases surrounding unhappy acquisitions, said Paul Lange from the Law Offices of Paul A. Lange. Speaking at the National Air Transportation Association’s Aviation Business Conference last week, Lange said his office is seeing a “tremendous amount of aircraft transactions and like everybody else, we're seeing a tremendous amount of people who were not in business aviation before.”


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