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March 2006 Issue No. 51

Welcome to the March 2006 edition of
Business Leasing and Finance News
formerly Business Leasing News

About BLFN: David G. Mayer, a Business Group partner at Patton Boggs LLP, founded this monthly e-newsletter in January 2002. BLFN’s mission is to provide leasing and financing strategies for your success.

Subscribe for Free: Sign up to receive BLFN’s monthly editions for free! Our subscribers hail from more than 35 countries and include business, finance, risk management, tax, accounting and legal professionals, government officials, entrepreneurs and media. Join us today!

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FOUNDER'S NOTE
By David G. Mayer

This issue presents diverse topics. The first article provides guidance to all parties involved in aircraft sales, leasing and financing transactions. Article 1 explains the basic steps of how to sign up for and use the International Registry (IR) under the new Cape Town Treaty. The second article affects everyone who uses off-balance sheet financing, especially in operating lease transactions. Article 2 focuses attention on FASB’s process to change FAS 13 to limit off-balance sheet leasing. BLN Case & Comment describes a 2005 judicial decision about the "sparing" use of "substantive consolidation" of debtor entities in bankruptcy, citing the Owens Corning case. Finally, Leasing 101 defines a "letter of intent" or "LOI" and describes how and when to use one.

Thanks to BLFN’s Team

I would like to thank BLFN’s team at Patton Boggs LLP. The team includes J. Atwood Jeter, a senior associate in the firm’s business transactions, real estate, and wind energy groups; the Patton Boggs staff editors, Paul Dumansky and Adrian Nicole McCoy; our Project Manager, Melissa Green; Claire Campbell; and our designer, Winston Jackson. Thanks also to Douglas C. Boggs, a Business Group/Securities partner and web site reviewer for BLFN, and our Marketing Chief, Mary Kimber, for assisting BLFN through our firm’s editing, design, and posting process.

All the best,

David

David G. Mayer
Founder: Business Leasing and Finance News
(formerly Business Leasing News)
Partner: Patton Boggs LLP
2001 Ross Avenue
Suite 3000
Dallas, Texas 75201
(214) 758-1545 (phone)
(214) 758-1550 (fax)

E-Mail: dmayer@pattonboggs.com

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