Equipment Leasing and the Passive Activity Loss Rules

David Burton

In the early 1980s, there were few hurdles to making investments for which much of the return came in the form of accelerated tax depreciation, investment tax credits and/or interest deductions. The results of this era were ugly at times.... read more

April 5, 2024

Norton Rose Fulbright Adds Hirsh as Restructuring Partner

Bankruptcy and restructuring lawyer Robert M. Hirsh joined global law firm Norton Rose Fulbright as a partner in the firm’s New York office. Hirsh joined Norton Rose Fulbright from Lowenstein Sandler. read more

JAN 30, 2024 - 6:46 am

Philippine Airlines Emerges from Chapter 11 with $2B in Balance Sheet Reductions

Philippine Airlines emerged from its voluntary Chapter 11 proceedings, completing its financial restructuring within four months. Philippine Airlines’ plan of reorganization provides for more than $2 billion in permanent balance sheet reductions from existing creditors. read more

JAN 3, 2022 - 6:45 am

Allegiance Bank and CommunityBank of Texas to Merge

Allegiance Bancshares, the holding company of Allegiance Bank, and CBTX, the parent company of CommunityBank of Texas, will merge to create a combined company with an equity market capitalization of $1.5 billion. read more

NOV 9, 2021 - 6:25 am

Ritchie Bros. Acquires Euro Auctions for More Than $1B

Ritchie Bros. and Euro Auctions entered into an agreement under which Ritchie Bros. will acquire Euro Auctions for an enterprise value of £775 million (approximately $1.08 billion). read more

AUG 9, 2021 - 6:35 am

Aero Capital Solutions Acquires 20 A320 Aircraft Through Sale-and-Leaseback

Aero Capital Solutions, a mid-life aircraft leasing platform, acquired 20 A320 family aircraft from easyJet Airline Company on a sale-and-leaseback basis. The transactions were completed in two tranches during 2020. read more

FEB 12, 2021 - 6:28 am

Norton Rose Fulbright Expand Equipment Finance Expertise in San Francisco

Global law firm Norton Rose Fulbright expanded its corporate finance practice in San Francisco with the addition of Bill Veatch and Catherine Hagerty, who join as partners from Reed Smith. read more

JAN 16, 2020 - 6:30 am