Marc D. Latman
- T. 212-907-9787
- F. 646-887-8170
- mlatman@sgrlaw.com
Legal Assistant: Lillian Padilla | 646-887-9583
Dedicated to client service and adding value.
About Marc
Marc Latman is a highly regarded aviation finance lawyer who works tirelessly for clients to bring about their desired results in a timely fashion. Clients rely on him for pragmatic, commercially focused advice in distressed situations, as well as for sophisticated financing structures of all types.
Marc is a key member of the firm’s Global Transportation Practice and Corporate Practice, heading up both in the New York office. He is widely recognized for his depth of experience in structuring, documenting and closing all-manner of aircraft finance transactions and for navigating complex commercial, structural, and jurisdictional issues efficiently.
In addition to new-money and acquisition financings, Marc has substantial experience advising clients on restructurings and workouts of aviation and equipment financings, both in and out of court.
Marc is also a leading practitioner in matters arising under the Cape Town Convention for Aircraft, including having advised on the first ever U.S. court-assisted awarding of remedies pending final determination under the Convention. Marc is one of the primary Smith Gambrell lawyers serving on the selective Legal Advisory Panel to the Aviation Working Group (AWG) and previously served on the Cape Town International Registry Advisory Board (IRAB), reflecting his standing in the industry as a trusted subject-matter authority.
Marc has been active in the aviation finance community through the years, currently serving as one of Smith Gambrell’s lawyers providing pro bono advice to the International Society of Transport Aircraft Trading (ISTAT), a major industry trade association and its not-for-profit foundation. He has also served on the Governing Committee of the ABA Forum on Air and Space Law, headed the Finance Committee for that Forum and chaired the ABA Business Law Section’s Aircraft Financing Subcommittee.
Marc's Practice
Representative Matters
- Advised a U.S. airline client’s regional airline on the debt financing of six (6) E175 aircraft using Brazilian export credit agency (BNDES) financing.
- Advised top 5 operating lessor client on the conversion of eight (8) subleases between Amazon Air and Atlas Air as operator to Sun Country Airlines as operator.
- Advised top 5 operating lessor client on the lease negotiation, delivery, and debt financing of new delivery A321 sale leaseback aircraft to a U.S. commercial airline.
- Advised an operating lessor client in its time-sensitive sale to LATAM of eleven (11) aircraft then on-lease to LATAM. The transaction included coordinating the release of the aircraft from financings and related liens.
- Advised a major industry participant on its debt financing to operating lessor Novus Aviation Capital in connection with a new delivery sale leaseback transaction with a start-up Middle Eastern air carrier. This financing was the first in a new financing program for the client.
Recognitions
The Best of the Best USA - Expert Guides (2011, 2013-Present)
Chambers USA, Transportation: Aviation: Finance, USA-Nationwide (2013-2016, 2021-Present), Equipment Financing and Leasing (2011-2012), Aviation: Finance (2013-2015)
2015 Lawyers World Premier 500
New York Metro Super Lawyers - Aviation (2013-Present)
New York Metro Rising Star - Aviation (2011, 2012)
Credentials
Education
J.D., Hofstra University
B.A., University of Michigan, Political Science and Sociology
Admissions
- New York
- U.S. Supreme Court
Organizational Involvement
Professional
Firm Representative, Aviation Working Group Legal Advisory Panel
American Bar Association:
- International Registry Advisory Board (IRAB) for Aircraft Objects (2015 – 2020)
- Forum on Air & Space Law Governing Committee (2015 – 2020)
- Aircraft Financing Subcommittee Chair (August 2012 – August 2015)
- Aircraft Financing Subcommittee, Vice Chair (2009 – August 2012)
Thought Leadership
Quoted, "What Associates Need To Do To Stand Out," Law360, January 2015.
“The Aircraft Sector Understanding of the OECD,” 6th ALTA Aviation Law Americas, Miami, Florida, September 2012.
“Lessee vs. Lessor: The Important Points for Each in an Operating Lease,” Insight Information’s Aircraft Transactions Forum, Scottsdale, Arizona, February 2012.
“Effectiveness of the Cape Town Convention - Lessons Learned in Terms of Financial and Asset Recovery & PMAs and the Supposed Preservation of “Residual Value” Vs.“Financial Health” of the Airlines and Business Optimization,” 5th ALTA Aviation Law Americas, Cartagena, Columbia, September 2011.
Co-author, “Bankruptcy Court Rejects Payment Of Make-Whole In Connection With The Prepayment Of Aircraft Finance Transactions,” Fulbright Briefing, March 1, 2013.
Steering and Drafting Group, Aviation Work Group (AWG) Industry Consultative Group, “Supplemental Submission to Federal Aviation Administration on Non- Citizen Trusts by AWG Industry Consultative Group,” August 17, 2012.
Co-author with Kelli L. Sallemi, “Notice of Proposed FAA Policy Regarding the Use of Non-U.S. Citizen Trusts To Register Aircraft,” Fulbright Briefing, March 22, 2012.
Drafting Committee, Aviation Work Group (AWG) Industry Consultative Group, “Supplemental Submission to Federal Aviation Administration on Non-Citizen Trusts by AWG Industry Consultative Group,” June 30, 2011.
