Thought Leadership
April 2018
International Aircraft Workouts: What Happens When Your Collateral Can Outrun the Repo Man?
As a lender, nothing is better than a financing package that requires little maintenance. Payments and reports received by their due dates are an... Read more
March 2018
How Pilots, Charter Companies, and Airlines are Responding to the Legalization of Marijuana
Can Legalized Marijuana Take Flight? On March 20, 2018, two-thirds of the voters in Cook County, Illinois approved an advisory question to legalize recreational marijuana... Read more
January 2018
Super Bowl Coming in for a Landing
This week, the Philadelphia Eagles and the New England Patriots are arriving in Minnesota to play the 52nd Super Bowl at the US Bank... Read more
December 2017
Planes, Trains, and Automobiles: Transportation and Super Bowl LII
On the weekend of February 4, 2018, the hordes will descend upon Minneapolis for Super Bowl LII. The Minnesota Super Bowl Host Committee estimates that... Read more
December 2017
Flight Property and Air Commerce: A Minnesota Sales and Property Tax Update
Many of our clients have reached out to FMJ to understand the recent changes made to the Minnesota sales and property taxes for aircraft... Read more
December 2017
Freeze-Out Mergers and the New Minnesota LLC Act – Bench & Bar of Minnesota
The Minnesota Revised Uniform Limited Liability Act that will govern all Minnesota LLCs beginning at the start of 2018 contains sweeping changes, and one... Read more
November 2017
Minnesota Aviation History: The Minnesota Big Deal
The Star Tribune reported (article can be found here) on the morning of October 29 that the home of Steve Rothmeier was for sale. Rothmeier was an... Read more
November 2017
Getting Technical: What You and Your Lawyer Need to Know About Buying a Previously-Owned Business Aircraft and Inspections
Whether you are buying your first business jet or trading up from your first small aircraft to that larger, faster or longer range model,... Read more
October 2017
Alert: Minnesota Fair Labor Standards Act Provides Private Cause of Action for Employees Discharged for Refusing to Share Tips
On October 11, 2017, in Burt v. Rackner, Inc. d/b/a Bunny’s Bar & Grill, a divided Minnesota Supreme Court affirmed the Minnesota Court of Appeals’ groundbreaking... Read more
October 2017
Rolling into the Future? Will U.S. Financing of Railway Rolling Stock Change Under the Luxembourg Protocol
Sixteen years ago, grand plans were laid to facilitate financing of mobile equipment with the introduction of the Cape Town Convention on International Interest... Read more
August 2017
The IRS Steps Back on FET for Managed Aircraft Services
Two developments are signaling a shift in the position of the Internal Revenue Service (IRS) on subjecting managed aircraft services to federal excise taxes. ... Read more
July 2017
U.S. Policy Concerning Cuba and the Aviation Industry
Updated August 4, 2017. On July 25, 2017, the Office of Foreign Asset Control issued a revised set of frequently asked questions and answers... Read more
June 2017
Runway Developments: The Challenges of Building Near Airports
With over 5,100 public use airports in the United States (according to 2014 United States Department of Transportation data), chances are that you live... Read more
March 2017
Legislation Introduced Regarding IRS’s FET Interpretation For Managed Aircraft Services
Lost amidst the hubbub in Washington, D.C. this spring, bipartisan legislation was introduced in both the House of Representatives and the Senate which attempts... Read more
December 2016
FMJ’s Year-End Employment Law Update
The following is a recap of significant developments in employment laws in 2016. Please feel free to contact FMJ’s HR and Employment Team for... Read more