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Gray Reed & McGraw LLP
NASA's Exploration Park development has taken another step forward. The American Center for Manufacturing and Innovation (ACMI) and its ACMI Properties affiliate have agreed...
Akin Gump Strauss Hauer & Feld LLP
We are excited to announce the latest edition of Akin's Space Law, Regulation and Policy Update, our newsletter focused on global space policy.
Holland & Knight
The IRS announced a new campaign to audit high-net-worth taxpayers claiming business deductions for the use of private jets. Using some of the $80 million...
Wiley Rein
Kathryne Dickerson's Post [Video]
Winston & Strawn LLP
Historically, the Internal Revenue Service (IRS) has fiercely pursued companies for misapplication of the Internal Revenue Code (Code) to purported personal use of the company's owned or chartered aircraft by employees and directors.
Jones Day
On February 16, 2024, the U.S. Federal Aviation Administration ("FAA") issued an airplane fuel efficiency final rule, which implements reduced CO2 emissions standards into the FAA's aircraft certification rules.
AlixPartners
The global commercial helicopter market is regaining altitude after a prolonged period of turbulence. In sectors like oil and gas, there are increasing demands for offshore transport capacity.
Milbank LLP
February 2 – Moon resource extraction start-up Interlune Corp. (Interlune) raised $15.5m in new funding and aims to raise an additional $2m, according to disclosures...
Barnes & Thornburg
The IRS recently issued a news release announcing a special enforcement emphasis on corporate jet usage, including those owned by high-income individuals.
Greenberg Traurig, LLP
On Feb. 21, 2024, the Internal Revenue Service (IRS) announced it would begin auditing the use of business aircraft "by large corporations, large partnerships, and high-income taxpayers and whether
Crowell & Moring LLP
Individual and corporate taxpayers that improperly reported personal aircraft use as business use may face increased taxable income and penalties and/or denial of deductions.
Lewis Brisbois Bisgaard & Smith LLP
On February 21, 2024, the IRS announced its plans to begin dozens of audits on business aircraft involving personal use.
Arnold & Porter
On February 21, the IRS announced a new campaign to increase audits of private jet usage by high-income taxpayers, large corporations, and large partnerships to ensure that business deductions for such usage have been properly made.
WHA International Inc
As the world moves towards clean energy technologies, finding alternatives to traditional fuels is particularly challenging in the aviation industry.
Outside GC
In this era of ubiquitous connectivity, how hard can it be to get broadband Internet access to an airplane at a speed of ~1,000 kph at ~10,000 meters, sometimes in the middle of an ocean?
Akin Gump Strauss Hauer & Feld LLP
On February 8, the Senate Committee on Commerce, Science, and Transportation passed a bill that would fund the Federal Aviation Administration (FAA) for the next five years.
Akin Gump Strauss Hauer & Feld LLP
We are excited to announce the latest edition of Akin's Space Law, Regulation and Policy Update, our newsletter focused on global space policy. Each issue explores the emerging trends and regulations...
Winston & Strawn LLP
Due to increased physical and cybersecurity concerns, executives are increasingly provided travel on the company aircraft for both business and personal purposes.
Ford & Harrison LLP
Executive Summary: The U.S. Supreme Court recently held that a whistleblower under the Sarbanes Oxley Act of 2002 (SOX) is not required to prove the employer acted...
Lewis Brisbois Bisgaard & Smith LLP
San Diego, Calif. (March 12, 2024) - In Zephyrus Aviation Capital, LLC, et al vs. Berkshire Hathaway International Insurance Limited, et al., Case No. CACE-23002230...
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