Ronald Scheinberg is a Shareholder at Vedder Price and member of the firm’s Global Transportation Finance team, whose performance led Vedder Price to be named Airline Economics Aviation 100 Law Firm of the Year in 2015, 2017 and 2018.
Mr. Scheinberg concentrates his practice in corporate finance with a special focus on aircraft and rail finance. He represents commercial banks, lessors, finance companies, underwriters, investment banks, insurance companies, manufacturers and airlines in aircraft, railcar and other equipment financing and portfolio acquisitions. He handles transactions structured as, or utilizing, leveraged leases, back-leveraged operating leases, warehouses, EETCs, cross-border leases, mortgage financings, operating leases, off-balance-sheet leases, the Export-Import Bank of the United States guarantees, and residual value insurance. Many of these structures utilize capital markets financing techniques, including EETCs, bankruptcy-remote securitizations and commercial paper.
Mr. Scheinberg has represented financial institutions in purchase agreements and the financing of not only aircraft and railcar, but also simulators, satellites, industrial production facilities, cars and trucks, and office buildings. He also represents money-center banks in structuring, negotiating and documenting secured and unsecured revolving credit and term-loan facilities.
Mr. Scheinberg has written and presented extensively on aircraft finance matters. He is the author of The Commercial Aircraft Finance Handbook published by Routledge Press in 2018. He is also a contributor to Aircraft Repossession and Enforcement: Practical Aspects (Kluwer Law International, International Bar Association) and, most recently, published “SOFR, The New LIBOR? A Critique Of SOFR And The USD LIBOR Replacement Process” in The Banking Law Journal, as well as "The Bank Liquidity Crisis and Aircraft Finance" in Commercial Lending Review.
Mr. Scheinberg has earned numerous distinctions and rankings in his industry. He received the highest rankings possible in Chambers USA in the categories of Nationwide Transportation: Aviation: Finance; New York Banking & Finance: Equipment Finance & Leasing; and Nationwide Banking & Finance: Equipment Finance & Leasing. He has also been ranked in Chambers’ Global Asset Finance category from 2010 to 2014 and 2020, and in Chambers’ Global Aviation Finance category from 2015 to 2019; named one of the top aviation lawyers in the world by Euromoney’s Expert Guides “The Best of the Best USA” and “Aviation Guide;” recognized in The International Who’s Who of Aviation Lawyers; was selected by his peers as one of The Best Lawyers in America; and included in New York Super Lawyers from 2011 to 2014 and from 2016 to 2018. Legal 500 United States recognized Mr. Scheinberg in the Finance—Asset Finance and Leasing category in 2012 and 2015.
