Vedder Thinking | News Vedder Price Named “Law Firm of the Year” at the 2015 Aviation 100 Awards
Vedder Price is pleased to announce that the firm has been named the "Law Firm of the Year" at the 2015 Aviation 100 Awards, presented by Airline Economics on January 19, 2015 in Dublin. This distinction is based upon a vote of thousands of industry participants and is awarded based on the number and value of deals worked on by the firm, its catalog of aerospace clients and the nature of its aviation department.
Vedder Price was also recognized for its role in the "Overall Deal of the Year" for 2015. The firm served as legal counsel to Castlelake, L.P. in the private securitization of a portfolio of 79 aircraft leased to 26 different lessees located in 17 countries. This deal had many unique features, including aircraft of a vintage significantly older than in prior aircraft securitizations, a large concentration of turboprop aircraft and enhanced servicer flexibility allowing Castlelake to effectively manage the end-of-life portfolio.
"We are extremely proud to receive the 'Law Firm of the Year' recognition in tandem with the 'Overall Deal of the Year' distinction," said Dean N. Gerber, Chair of Vedder Price's Global Transportation Finance team. "This team consistently works hard to provide high-quality service that focuses on innovative solutions for our clients, and we are thrilled that our efforts have been recognized at the prestigious Aviation 100 Awards."
The Aviation 100 annually recognizes the year's most outstanding performers in the aerospace industry and ranks the top 10 performers in each category, with the winner receiving a coveted outstanding achievement award.