Stewart B. Herman

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Professional Biography

Stewart Herman represents clients in commercial- and business-aircraft transactions. With more than 30 years' experience structuring, negotiating, and documenting transactions for aircraft and other asset classes, Stewart has been recognized as a leading lawyer for the aviation industry in The Legal 500 US. He helps clients close their transactions on time, avoid risks and position their companies for further growth.

30 years' experience closing aviation transactions

Stewart advises on leasing, sale and financing transactions, including leveraged leases, domestic and cross-border operating leases, portfolio acquisitions and securitizations, predelivery payment financings, maintenance agreements, and bankruptcy and workout transactions. His clients include leasing companies, commercial and investment banks, aircraft and engine manufacturers, airlines, monoline insurance companies and funds. He frequently speaks at aviation conferences and writes for trade and legal publications. He previously served as a law clerk to the Honorable Murray C. Goldman, Philadelphia Court of Common Pleas.

More Legal and Business Bylines From Stewart B. Herman

Court Finds That Payment on Aircraft Lease Security Deposit Letters of Credit Would Not Have Violated the United Kingdom's Sanctions Against Russia - (Posted On Thursday, March 30, 2023)
Leased Aircraft Stranded in Russia: A Survey of the Pending Insurance Claim Litigation in Different Jurisdictions - (Posted On Tuesday, January 03, 2023)
US Moves to Seize Aircraft for Apparent Violation of Export Controls - (Posted On Wednesday, October 12, 2022)
Features of the Hong Kong Airlines Restructuring Plan - (Posted On Tuesday, October 04, 2022)
Protecting the Financer of the Conversion of a Passenger Aircraft to a Freighter - (Posted On Tuesday, September 13, 2022)
BIS Identifies First Foreign-Produced Commercial Aircraft Exported to Russia in Apparent Violation of US Export Controls - (Posted On Wednesday, August 03, 2022)
Aircraft Lessors Should Prepare for UK Restructuring Processes - (Posted On Monday, June 13, 2022)
BIS Takes Enforcement Action Against Russian Airlines — but not Lessors or Financers — For Flights to or Within Russia - (Posted On Friday, April 08, 2022)
BIS Grants Authorization of Aircraft to Leave Russia and Updates List of Aircraft Operating in or to Russia in Violation of Export Controls - (Posted On Thursday, March 31, 2022)
Commerce Department Identification of Aircraft Exported to Russia in Violation of Export Controls Offers Guidance on Whether the Continued Leasing or Finance of Aircraft in Russia Violates US Law - (Posted On Monday, March 21, 2022)

Aviation Law

Aviation Industry and COVID-19

Katten is a National Law Review Go-To Thought Leader for the firm’s thought leadership on the Coronavirus pandemic's impact on the aviation industry, specifically the government’s ongoing operation support for the airlines and aviation finance and leases. Katten’s thought leadership in aviation addresses leases and financing and the insurance of aircraft assets during bankruptcies, as well as government regulation and oversight of the aviation industry including the Treasury Department’s payroll support for airline workers and special payments earmarked for the airline industry under the CARES Act. The following Katten attorney authors were notable aviation law contributors in 2020: Lisa A. Clark, Tom Healey, Stewart B. Herman, Timothy J. Lynes, Brett J. Seifarth, and Miran Vila.