Foster Pepper has substantial experience representing both buyers and sellers of pleasure craft, including representing yacht buyers in their contract negotiations with the yacht dealer and manufacturer, drafting vessel construction agreements, handling construction oversight, and preparing and filing necessary flag documentation. Foster Pepper can also assist in the various sales and use tax issues that can arise from your yacht purchase or sale.
Foster Pepper counsels individuals and companies regarding the acquisition, financing and use of private aircraft under Part 91, Part 125 and Part 131. Such counsel includes the SIFL rules and other tax issues arising from personal use of corporate aircraft. For specific regulatory matters Foster Pepper maintains close relationships with two Washington D.C.-based firms that specialize in FAA regulatory matters.
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Edward A. Harley
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