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James Waldon to speak at the Great Alaska Aviation Gathering, May 5th, 2019

James (Jim) Waldon will be speaking at the 22 nd Annual Great Alaskan Aviation Gathering, on May 5 th , hosted by the Alaska Airmen Association. His presentation will cover What Can Go Wrong If You Don’t Have A Good Aircraft Purchase Agreement .  Presentation time will be 3 pm  in the Speakers Tent at Ted Stevens Intl Airport, FedEx Hangar. More information regarding the event is located at https://www.greatalaskaaviationgathering.org/ and will be streaming live on the Alaska Airmen Facebook page. Jim has extensive legal and management experience within the aviation industry, including Lead Counsel at Alaska Airlines and Senior Attorney at Trans World Airlines. He holds a commercial pilot license with over 2,500 hours and was the Chief Operating Officer and General Counsel of a regional Hawaiian airline, as well as Managing Partner of Waldon Law Group, a law practice with an aviation focus. His practice, Paramount Law Group, focuses on aircraft transactions and finance and
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Roger Hillman to speak at Annual Insurance Law Update

Roger Hillman will be speaking from 1:00-1:30 at the WA Convention Center April 26, 2019 to the Annual Insurance Law Update CLE Conference sponsored by the Washington Defense Trial Lawyers organization. His presentation will cover the Impact of Insured’s Consent to Settle Policy Clause .  More information regarding the conference is located at https://www.wdtl.org/ . Roger Hillman began his career as a litigator on the East Coast.  After over ten years as Senior Vice President of Claims for three national insurance carriers, he resumed his litigation practice in the Northwest.  Over the past twenty-five years, Roger concentrates his practice on health care and insurance matters, while also handling aviation litigation.  In the health care arena, he has handled professional liability matters for a wide variety of: providers, physicians, hospitals, psychologists, chiropractors, naturopaths, and acupuncturists.  He has also resolved numerous disputes involving provider credenti
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Christopher Andrews joins Paramount Law Group, PLLC

Christopher Andrews recently joined Paramount Law Group, PLLC.  “We are excited that Chris has joined us” said Managing Partner, Jim Waldon.  “Chris’s exuberance and desire to be an aviation attorney makes him a perfect fit”. Christopher Andrews has experience in assisting attorneys in a variety of aviation law cases. He has assisted lead counsel in FAA enforcement actions of different types, helping defend professional aviators in these cases. Christopher is well-versed in utilizing the NTSB decisions database to find applicable NTSB board decisions in defending pilot certificate actions. Christopher also has obtained an LL.M. in International Aviation Law, which he completed in the International Aviation Law Institute at the DePaul University College of Law in Chicago, Illinois. While at DePaul, he completed extensive course work in aviation law, including courses on Domestic Aircraft Accident litigation, International Aircraft Accident Investigation, International Aircraft F
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Income Loss due to Actions of Civil Authority- Article by Roger Hillman

Coverage for income loss, also referred to as business interruption insurance, is commonly found in Commercial Property and Business Owner's policies. This provides coverage for loss of income as a result of the insured's suspension of operations. The most frequent triggering event for such coverage is physical damage to the business premises due to a covered peril such as fire or water damage, necessitating a closure for repair, rebuilding, or even relocation. However, one unique aspect of business interruption coverage is income loss due to actions of civil authority. Such actions include something as minor as a road closure for repairs which access to a business or a significant as an order for closure of business in a larger area due to act of terrorism. In order to invoke such coverage, the cause, absent physical damage to the insured premises itself, must be the result of physical loss or damage to property away from the insured property as a result of a
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Jim Waldon speaks at Seattle University School of Law

On November 27, 2018 Jim Waldon spoke to law students attending an aviation law class taught by Robert Hedrick.  Jim spoke on the Process of Creating a Commuter Airline.   
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Pilots who log Flight Time they did not fly may have effectively ended their Aviation Career

Many of us know, logging hours you did not fly is considered falsification of records by the FAA and is penalized with a revocation of all held certificates for up to one year.   What isn’t as widely known is, such a pilot may be permanently banned from ever holding an Airline Transport Pilot Certificate. For aspiring commercial pilots, the time between receiving a commercial pilot’s certificate (a minimum of 250 hours) and the time when a pilot builds sufficient flight hours to be hired as a pilot making much more than minimum wage, (about 1000 - 2000 hours) can be a difficult time.   It generally takes such pilots years to build this time.   During this time, these pilots are generally building time as a flight instructor or flying introductory or scenic flights – generally low paying jobs.   The desire to build time quickly is understandable. It is a common story - a young, aspiring, impatient pilot at some point gets the urge to add a few hours to their log book.   It might b
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2017 Tax Act - Article by Chris Jacob

At the end of 2017, Congress passed and President Donald Trump signed what is now Public law no. 115-97, the 2017 “Tax Cuts and Jobs Act” ("the Act").   The Act has several immediate and long-term effects on general aviation tax issues that aircraft owners should note.   Elimination of Section 1031 Exchanges for Personal Property First, the Act eliminates like-kind exchanges under Section 1031 of the Internal Revenue Code for all personal property, including aircraft, beginning in 2018.   For those taxpayers who properly initiated 1031 exchanges prior to December 31, 2017 by acquiring a replacement aircraft or selling a relinquished aircraft, the benefits of a 1031 exchange will remain available subject to the previously applicable rules to allow the taxpayers to consummate the full tax-deferred exchange.    All other aircraft owners will be henceforth subject to recapture for any taxable gain.   Thus, owners with fully tax-depreciated aircraft in particular should pl
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