Business Jet Traveler » December 2009

December 1, 2009
If you own an aircraft and lease it out, can you be liable for damages caused when the lessee is operating it? The answer reminds me of a joke my securities law professor, Louis Loss, used to tell about a client wanting to hire a one-handed lawyer so the lawyer couldn't say: "Well, on the one hand...but on the other hand."




“"Not everything can fly. We will not install a swimming pool or a fireplace. That is not possible."”

-Walter Heerdt of Lufthansa Technik