WHEELOCK ADVISORS LLC
LEGAL COUNSEL, AIRCRAFT LEASING & FINANCING ADVISORY
With a unique combination of extensive in-house, hands-on commercial leasing experience along with multi-faceted legal expertise, Wheelock’s objective is to deliver high quality personalized legal counsel and commercial guidance to enable clients - leasing companies, airlines, and investors - to achieve target legal solutions and commercial results, in a cost-effective manner.
ABOUT
Philip Jackmauh is an attorney and former leasing company executive delivering over 25 years’ experience in international commercial aircraft leasing and financing, both in-house and in private practice. As general counsel and transaction team leader, he has drafted, negotiated, structured, managed and directed aircraft lease, purchase, and sale transactions with airlines and lessors worldwide, and he has negotiated, structured and closed a wide variety of asset-based structured financing with financiers globally.
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Philip has handled a broad spectrum of day to day in-house servicing and operational tasks, and has guided commercial and tax teams in structuring and developing lease, purchase, and financing proposals.
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Wheelock can deliver hands-on support and provide you with the necessary specific expertise to quickly supplement and support your in-house capabilities in a cost-effective manner and as an alternative to traditional law firms.
WHAT WE DO
For Aircraft Lessors
As an expert extension of your in-house legal team, Wheelock can draft and negotiate, advise, consult, and project manage aircraft and engine lease transactions, purchase and sale transactions, and new aircraft purchase / lease backs, along with associated financings. Wheelock delivers hands-on specific legal expertise and assistance with day to day servicing and operational tasks, guiding commercial and tax teams in structuring and developing lease, purchase, and financing proposals; lease amendments, novations, restructurings, work-outs, and aircraft repossessions; and related litigation and airline bankruptcy actions.
For Airlines
Drawing on deep expertise from the lessor side of transactions, Wheelock can guide you through the lease process with a lessor’s insight, assist in drafting and negotiating practicable operating leases for new or mid-life aircraft, and address and resolve aircraft delivery, return, integration and maintenance issues; advise on all aspects of purchase and sale transactions, including purchase / lease back transactions for new order aircraft, and associated financing, as well as handling lease assignment and novation transactions resulting from lessor trading of your leased aircraft.
For Investors
Wheelock can consult, advise and deliver creative solutions in aircraft investment matters, as well as day to day servicing or oversight of your aircraft investment portfolio, whether syndicated debt, or ABS E-notes. Wheelock is ready to support your efforts in all aircraft acquisition or sale activities, including any M&A and due diligence exercises from aircraft lease review to assessment of servicer capabilities and contract compliance. Wheelock is ready to assist in your efforts to build your in-house leasing capabilities and service your own portfolio.
EXPERIENCE
In his 25+ years in the industry, Philip Jackmauh has managed, directed, drafted, negotiated, structured and closed:
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Aircraft operating lease transactions with airlines worldwide, from start-up airlines to flag carriers, and from new order aircraft to mid-life to older aircraft, representing lessors, lessees, investors and lenders.
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Aircraft and engine purchase and sale transactions, including portfolio / ABS purchase and sales and associated acquisition financing, and lease assignments and novations.
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Aircraft financing transactions with lenders and financiers worldwide, from bilateral limited recourse loans to capital markets structured financing, syndicated term loans and 144A secured offerings, warehouse credit facilities, secured and unsecured revolving credit facilities, asset backed securitizations, and manufacturer pre-delivery payment facilities.
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As lead transaction counsel, guided multiple sales, finance, and tax teams in developing, structuring, drafting and negotiating lease, purchase, and financing transactions from initial letters of intent to final aircraft deliveries and closings; supported technical teams in accomplishing aircraft lease deliveries and returns; orchestrated multiple lease restructurings, work-outs, and aircraft repossessions; and managed related litigation and airline bankruptcy actions in multiple foreign jurisdictions.
