Edward K. Gross

Shareholder

T: +1 (202) 312 3330 F: +1 (202) 312 3322

Washington, DC

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Edward K. Gross is a Shareholder at Vedder Price and a member of the Global Transportation Finance team. He established the firm’s Washington, DC office and has over 25 years of experience representing bank-affiliated and large, independent equipment financing companies in all aspects of equipment finance transactions, including documenting, structuring, negotiating, syndicating and enforcement. Mr. Gross handles all types of equipment finance matters and structures, including single-investor, leveraged financings, true/tax motivated leases, synthetic leases, TRAC leases, "bundled" and other vendor-originated financings, and domestic and cross-border financings, primarily for transportation equipment, but also for the following types of equipment: manufacturing and assembly line, construction and drilling, energy-related and other facilities, medical and health-related facilities, computers and software, telecommunications and other high-tech equipment, trucks and trailers, modular units and FF&E.

Mr. Gross is considered an industry leader in business aircraft finance, especially jet aircraft and helicopters. These transactions vary in structure and include tax and non-tax lease and secured loan financing of managed and/or chartered aircraft, air taxi and air ambulance fleet and engine pools, and aircraft operated under fractional and "pay card" arrangements. Clients include large publicly or privately held businesses, governmental entities or high-net-worth individual users. Many of these transactions involve foreign registered aircraft. Many clients rely on Mr. Gross in syndication transactions, including large portfolio purchases, "one-off" sales and assignments, discounting, back-leveraging and participation transactions. He has prepared equipment lease, loan and syndication forms for many of the most active financing providers in the industry. Working with Vedder Price’s well-regarded bankruptcy and creditors’ rights practice, Mr. Gross has assisted financing providers, including various creditor groups, with workout, restructuring, bankruptcy and enforcement matters.

Mr. Gross was named in Washington, DC Super Lawyers (2007–11) and has been listed in The Best Lawyers in America and The Legal 500. He was elected as Fellow to the American College of Commercial Finance Lawyers in 2011. He has been recognized by the Equipment Leasing and Finance Association (ELFA), receiving the Distinguished Service Award in 2008 and ELFA’s Legal Committee Edward A. Groobert Excellence in Leasing Award in 2011. Ed Gross was selected for inclusion in Who's Who Legal's The International Who's Who of Aviation Lawyers 2011.

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• Edward Gross, Clay Thomas Review Status of Non-Citizen Trusts in Corporate Jet Investor
• Edward K. Gross Receives ELFA’s Legal Committee 2011 Edward A. Groobert Excellence in Leasing Award
• Edward K. Gross Elected as American College of Commercial Finance Lawyers Fellow
• New FAA Re-Registration and Renewal Rule Becomes Final

• Business Aviation Services
• Cross-Border and Municipal Transactions
• Finance and Transactions
• Global Transportation Finance
• Railcar Finance

• J.D., University of Baltimore School of Law, 1981
• B.A., University of Maryland, 1978

• Maryland, 1982 
• District of Columbia, 1983 
• US District Court, District of Maryland, 1982
• US Bankruptcy Court, District of Maryland, 1982 

• Chair, Air, Rail and Marine Subcommittee, Equipment Leasing and Finance Association (ELFA)
• Member, Board of Trustees, ELFA's Equipment Leasing and Finance Foundation
• Former Member (Board of Directors 2000–03), Government Affairs Committee and Industry Future Council, ELFA
• Member, (Uniform Commercial Code Committee; Subcommittees on Secured Transactions, Leasing and Airfinance; Air and Space Law Forum), American Bar Association
• Member, Section on Corporate Finance and Securities Law, District of Columbia Bar Association
• Member, Section on Business Law, Maryland State Bar Association
• Vice Chair, Leasing Subcommittee of the Commercial Law Committee, American Bar Association

Publications

• Co-Author, "Non Citizen Trusts," Corporate Jet Investor, August 2011
• Contributor, Aircraft Repossession and Enforcement: Practical Aspects, Kluwer Law International and the International Bar Association, 2009
• Author, "Lease Agreements," Executive’s Guide to Lease Documentation, Chapter 4 , Equipment Leasing and Finance Association, April 2008
• Author, "Business Aircraft Financing (It’s Like Any Other Equipment Financing, Except More Complicated)," Journal of Equipment Lease Financing, Spring 2006
• Author, Chapter 20, "Middle-Market Leasing and Syndication," of Equipment Leasing—Leveraged Leasing, Volume 2, Practising Law Institute, 1999, updated 2005, 2007, 2008 and 2011  

Speaking Engagements

• Speaker, National Business Aviation Association Aircraft Registration Conference, 2011
• Speaker, ALM 16th Annual Aircraft Registry Forum, Annual Conference, 2009 and 2010
• Speaker, National Aircraft Finance Association, Annual Conference, 2009 and 2010
• Speaker, Equipment Leasing and Finance Association (ELFA) Legal Forums, 1990 to 1997, 1999, 2000, 2002, 2004 to 2011
• Speaker, ABA Aircraft Financing Subcommittee Annual Meeting, Business Aircraft Financing, 2005, 2007 and 2011