Vedder Price

Edward K. Gross

Shareholder

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 30 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 enforcing these transactions. 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 other types of equipment, including: manufacturing and assembly line, construction and drilling, energy-related and other facilities, medical and health-related facilities, high-tech equipment (including “bundled” financings), trucks and trailers, modular units and vessel repair equipment.

Mr. Gross is considered an industry leader in business aircraft and helicopter finance. These transactions vary in structure and include tax and non-tax lease, operating lease and secured loan financing of managed and/or chartered aircraft, fleet aircraft and helicopters operated in various service capacities (e.g., air ambulances, oil and gas service, flight schools, etc.) and engine pools, aircraft operated under fractional and “pay card” arrangements and progress payment, completion and other multi-funding structures. Clients include market-leading aircraft and helicopter financing providers, investors or operating lessors, as well as 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 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 has been selected for inclusion in numerous editions of Who's Who Legal’s The International Who's Who of Aviation Lawyers, including the 2014 edition in which Mr. Gross participated in a roundtable discussion. In the 2013 edition of that publication, Mr. Gross is named one of the top 500 aviation lawyers in the world, and is cited as “a go-to lawyer for finance, insolvency and restructuring…well-respected by commercial clients.”In 2016, Mr. Gross was ranked Band 1 in Private Aircraft (Global-wide) in Chambers High Net Worth, which recognizes the world’s leading high net worth advisers. In addition, in 2013 Mr. Gross was ranked in Chambers USA in the Nationwide Banking & Finance: Equipment Finance & Leasing category. He was also named in Washington DC Super Lawyers (2007–2015) and has been listed in The Best Lawyers in America (2007–17) and The Legal 500. Mr. Gross was elected as Fellow to the American College of Commercial Finance Lawyers in 2011, and elected as Regent to the College in 2012. 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. A client respondent in Airfinance Journal’s 2011 Guide to Aviation Lawyers mentions, “Vedder Price can turn a deal in a day or two if necessary. Ed Gross is our go to person for time-sensitive matters.” He also was named in Euromoney’s Expert Guides “Aviation Guide” from 2013 to 2015. Mr. Gross obtained his B.A. from the University of Maryland and his J.D. from the University of Baltimore School of Law.

Edward K. Gross

Shareholder

Education

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

Edward K. Gross

Shareholder

Bar Admissions

  • Maryland, 1982
  • District of Columbia, 1983

Court Admissions

  • U.S. Court of Appeals, Fourth Circuit

Affiliations

  • 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
  • Chair, Leasing Subcommittee of the Commercial Law Committee, American Bar Association
  • Member of the Aviation Working Group/U.S. Consultative regarding the Cape Town Convention and Aircraft Protocol

Edward K. Gross

Shareholder

Edward K. Gross

Shareholder