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Aircraft Transactions

Aircraft transactions are complicated processes that require detailed knowledge of aviation regulations, business practices, taxation of aircraft assets, and international law – knowledge that YYZlaw has been steadily building over many decades. These processes can be boiled down to three main categories of agreements: i) contracts of purchase and sale, ii) lease or finance agreements,… Read more »

Unmanned Aerial Vehicles: Commercial Drone Operations and the Law

With the rapid pace of development in the unmanned aerial vehicles (UAVs) sector and the consequent commercial opportunities that follow, entrepreneurs in this emerging industry stand to be among the next generation of great commercial innovators. Already UAVs, more commonly referred to as drones, are being put to work in an assortment of sectors including… Read more »

The International Registry: Protecting Your Aviation Assets

Operating under the Cape Town Convention and Aircraft Protocol (CTC), the International Registry of Mobile Assets (IR) provides for the electronic registration and protection of ‘international interests’ in aircraft objects, namely airframes capable of transport 8 or more passengers or goods in excess of 2750 kilograms, helicopters capable of transport 5 or more passengers or… Read more »

Developments in Non-Citizen Trusts and Business Aviation

It has recently come to our attention that one American financial institutions acting as owner trustees for the purposes of aircraft registration under the United States FAA Aircraft Registry system, had begun denouncing their appointments as trustees and commencing the process for either transferring or collapsing the existing trust structures. Background Under the rules for… Read more »