On August 20, GKG Law Principal Troy Rolf participated in a Strafford CLE/CPE webinar entitled "Tax Issues for Airplane Purchases: Planning Strategies, Tax Reform Changes, Federal Excise Tax, State Taxes." The purchase and ownership of business aircraft comes with significant federal, state and local tax implications, but can also offer opportunities for optimum tax benefits with careful planning. […]
GKG Law is pleased to announce that two principals have been recognized in The Best Lawyers in America© 2021 and two associates have been recognized in The Best Lawyers in America©: Ones to Watch. Principals Edward D. Greenberg and Thomas W. Wilcox were named as Washington, DC “Best Lawyers” in transportation law. Associates Kristine O. Little and Oliver M. […]
GKG Law Of Counsel Steve Fellman was featured in an American Laundry News podcast episode that published on August 19. During the podcast, Steve discusses key elements of laundry and linen services contracts, negotiation tactics and more. Steve, who has been representing textile services companies for more than 50 years, notes that: In general, a good laundry and […]
GKG Law Associate Oliver Krischik was quoted by Radio Free Asia on August 11, in a piece discussing barter trade between North Korea and South Korea. Oliver noted that UN Sanctions against North Korea apply to Member States, not to individuals or organizations. Among other things, the UN Sanctions on North Korea require Member States to restrict certain types of […]
GKG Law successfully represented an aircraft owner in a recent case involving the lease of a Gulfstream V (“the Aircraft”). The GKG Law Litigation team, led by Principal Brendan Collins, filed suit in the Southern District of New York alleging breach of the parties’ lease agreement based upon the lessee’s failure to timely pay rent and […]
The IRS has issued Excise Taxes; Transportation of Persons by Air; Transportation of Property by Air; Aircraft Management Services, proposed regulations relating to federal excise taxes for aircraft owners that utilize aircraft management companies. These proposed regulations, if finalized, would expand on the Tax Cuts & Jobs Act (TCJA) provision that codified that certain amounts […]
On July 14, 2020, President Trump issued Executive Order (E.O.) 13936, setting forth a tranche of regulatory changes enacting the new U.S. policy to treat Hong Kong as part of the People’s Republic of China (PRC). Historically, the U.S. has granted Hong Kong preferential treatment with regard to export restrictions in recognition of Hong Kong’s […]
GKG Law Principal Richard Bar was invited to serve as a panelist for U.S. Transactions Corp.'s Presidential Forum Association Executives Virtual Roundtable "The Return of In-Person Conferences/Events," which took place on July 30 from 9:30 – 11 am ET. The invitation-only session was moderated by American Trucking Association COO Elisabeth Barna and Aronson LLC Partner Greg Plotts. Discussion covered what associations are doing for […]
On Thursday, July 16 at 1 pm ET, GKG Law Principal Troy Rolf hosted the one-hour webinar Use of Ownership Trusts & International Registry Issues in Aircraft Acquisitions. During this session, Troy discussed the ins and outs of ownership trusts in business aviation. Additionally, he covered details of International Registry of Mobile Assets Transacting User Entity registrations, which are required in most […]
GKG Law, P.C. is pleased to announce that two firm principals have been recognized by Chambers and Partners for 2020. GKG Law Principal and President Keith G. Swirsky, who chairs the firm’s Business Aviation and Tax practices, was named to the Chambers High Net Worth 2020 guide for Private Aircraft – Global-wide (Band 3). Principal Thomas W. […]