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March 5, 2021: U.S. DOJ Charges Aircraft Title Firm over Owner-trust Issues

March 5, 2021: U.S. DOJ Charges Aircraft Title Firm over Owner-trust Issues

FromAINdebrief


March 5, 2021: U.S. DOJ Charges Aircraft Title Firm over Owner-trust Issues

FromAINdebrief

ratings:
Length:
14 minutes
Released:
Mar 8, 2021
Format:
Podcast episode

Description

This week, AIN editor-in-chief Matt Thurber discusses federal indictments against Debra Lynn Mercer-Erwin, the owner of Wright Brothers Aircraft Title and Aircraft Guaranty Corp., and seven others. The various charges raise an important issue regarding the responsibility borne by owner trustees when it comes to helping a non-U.S. citizen purchase an aircraft and register it in the U.S. This case also could have implications for other entities that provide similar owner-trust arrangements.
Released:
Mar 8, 2021
Format:
Podcast episode

Titles in the series (52)

AINdebrief is a weekly summary of aviation news delivered by the Aviation International News editorial team. To submit news to AIN, please contact ctrautvetter@ainonline.com.