Acquisition and Disposal

Lateral 4T is able to negotiate the terms of the transaction documentation required in order to ensure that legal and beneficial title to Aircraft is passed to the purchaser. 20 years of direct experience with aircraft acquisitions for clients has meant that Lateral 4T has garnered a reputation as a “deal completer” through a pro-active and invaluable service that clients, manufacturers, financiers and sales agents have come to appreciate.

Tobi Mathews is a qualified English Solicitor and Lateral 4T is able to offer bespoke and specialist legal services to clients wishing to purchase an aircraft for their own use or for the use of their business:

Choice of Aircraft

Lateral 4T is not linked with or tied to any particular manufacturer and has built up connections with the majority of manufacturers of private aircraft.  Tobi Mathews extensive experience means that he is able to offer insight to clients as to the suitability of a chosen aircraft for anticipated flight use of a client and temper that advice with an independent assessment of clients requirements so far as alternative aircraft suitability.  In addition the close ongoing nature of the advice that is offered by Lateral 4T means that clients are able to gain insight into the current market trends in re-sale values and saleability of aircraft.

The choice of a new aircraft is often less complicated than the choice of a used aircraft. Where a used aircraft is chosen the client is confronted with a number of hurdles that need to be overcome before they can safely complete their acquisition.  These are best explained through a “common” transaction:

Choice of Sales Agent

Preparation of Letter of Intent

Pre-purchase inspection

Sales agreement

Agree/Negotiate Finance Documentation

Obtain Competitive Insurance

Closing Arrangements

Appointment and Use of Escrow Agents

Registration

Operational Management Arrangements

Maintenance Oversight

 

 


 
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We navigate you through the minefield of operational liability, VAT and taxation consequences.
Aviation
We are able to fully negotiate the terms of the most complex acquisition, whether of a new or used aircraft and at the same time negotiate the completion of financing transactions commonly undertaken by a team of lawyers in city firms.