Ronald J. Rapp
Counsel
T: +1 (312) 609 7895
F: +1 (312) 609 5005
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Chicago
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E:
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Ronald J. Rapp is Counsel at Vedder Price and a member of the Global Transportation Finance team and concentrates his practice in business aircraft transactions and operations. Mr. Rapp has extensive experience in business aircraft acquisitions, sales, brokerage, leasing, finance and registration, as well as operations related to Parts 91, 91(k), 125 and 135 of the Federal Aviation Regulations. He has significant expertise in the development and implementation of aircraft ownership and operating structures, aircraft brokerage agreements, aircraft purchase and sale agreements, aircraft finance and leasing, heavy maintenance and refurbishment agreements, aircraft management and charter agreements, fractional ownership and leasehold interests, state sales and use taxes, federal taxation of aircraft use and ownership—including depreciation and other eligible deductions—hangar leases, purchase and sale of aircraft parts and ground support equipment, and aircraft services agreements. Clients range from small family-owned operations to Fortune 500 companies, high net–worth individuals, celebrities, professional sports teams, aircraft charter and management companies, aircraft brokers and aircraft financiers.
As an FAA licensed pilot and former aircraft owner, Mr. Rapp brings a unique, valuable perspective to his practice. He also formed and managed all aspects of a Fortune 300 corporate flight department with global aircraft operations. From supervising completions of new and refurbished aircraft on the factory floor to hiring and managing flight crew members and aircraft maintenance technicians, Mr. Rapp has more than a decade of hands-on business aviation operational experience.
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- J.D., cum laude, University of Minnesota Law School, 1985
- B.A., summa cum laude, Valparaiso University, 1982
- Illinois, 1985
- U.S. District Court, Northern District of Illinois, 1985
- Member, National Business Aviation Association
- Member, Chicago Area Business Aviation Association
- Member, Aircraft Owners and Pilots Association
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