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Vedder Thinking | Articles Edward Gross, Clay Thomas Review Status of Non-Citizen Trusts in Corporate Jet Investor

Article

The Federal Aviation Administration (FAA) has made it very clear to the aviation industry that the use of non-citizen trusts (NCTs) is under review and that major changes may be under way.

Edward K. Gross, Shareholder, and Clay C. Thomas, Associate, both members of the firm’s Global Transportation Finance team, provide a closer look into the current status of NCTs with the article “Non-Citizen Trusts: What owners and financiers need to know about the possible FAA changes,” which appeared in Corporate Jet Investor on August 22, 2011.