ISTAT Jetrader - Summer 2021 - 10

PERSPECTIVES
Dean Gerber
Executive Vice President and General Counsel,
Valkyrie BTO Aviation
Jetrader spoke to ISTAT President Dean Gerber
about his history in the industry, his plans as
president and what excites him about the future.
Jetrader: How did your career in
aviation start?
Dean Gerber (DG): I'd love to say this
was part of some divine plan or brilliant
insight on my part but, in reality, it was
pure serendipity. I started my career
with a firm called Chapman and Cutler
in Chicago, and my indoctrination into
aviation finance was solely a function of
the legal work that my group happened
to be doing at the time. I worked with a
great team and, back then, a lot of our
work involved acting for institutional
investors (predominantly insurance
companies). My first transaction out
of law school involved an American
Airlines widebody financing, and from
that very first day on the job, I have
remained actively engaged in the
aviation world.
Jetrader: How did you end up at
Valkyrie BTO Aviation?
DG: About six years after I started
practicing law at Chapman, I noticed
that the institutional private placement
market was moving away from
the aviation sector. I had worked
very hard to that point to develop
a deep understanding of the legal
underpinnings of aviation finance,
and so I jumped at the opportunity to
join the new aviation team forming at
Vedder Price. Back then, there were
10 * THE OF F I C I AL PUBL I CAT I ON OF ISTAT
only four lawyers in the group, but
we did have a terrific client, United
Airlines. Over the course of the next 29
years, I helped grow, and then lead, the
Global Transportation Finance team at
Vedder Price (a group that had over 80
professionals, spread over six offices,
on three continents, when I ultimately
left the firm in 2019). When I joined
Vedder, Chicago was a bit of an aviation
center with United, Heller Financial,
Sanwa, ABN AMRO, AAR, SocGen and
others all involved in aircraft leasing
and finance in one form or another
located there, so we had a terrific
local client base to help grow the
practice. I was also fortunate to work
with the Export-Import Bank of the
United States, which was, at that time,
just committing itself to asset-based
aircraft finance and putting together its
transportation division.
The sheer diversity of my practice
allowed me to see transactions from
every angle, which enhanced my
commercial perspective. It didn't hurt
that during the earlier days of my
practice, there was little competition
from other lawyers/law firms, as
aviation finance was a relatively new
business line that required specific
skills and knowledge. I was and remain
immensely proud of the team we built
at Vedder, but as time wore on, I got a

ISTAT Jetrader - Summer 2021

Table of Contents for the Digital Edition of ISTAT Jetrader - Summer 2021

ISTAT Jetrader - Summer 2021
From the President
ISTAT News & Events
Perspectives: Q&A With Dean Gerber
Reunited in the Magic City
Understanding Lease-Encumbered Values
ISTAT Foundation: Supporting UN Humanitarian Air Service Efforts
Appraisal: 737 MAX 8 and DHC-8-400
At a Glance: Dezhi Zhu
From the Vault: ISTAT Latin America Forum 2017-2019
Advertiser Index
ISTAT Jetrader - Summer 2021 - Intro
ISTAT Jetrader - Summer 2021 - ISTAT Jetrader - Summer 2021
ISTAT Jetrader - Summer 2021 - Cover2
ISTAT Jetrader - Summer 2021 - 1
ISTAT Jetrader - Summer 2021 - From the President
ISTAT Jetrader - Summer 2021 - 3
ISTAT Jetrader - Summer 2021 - 4
ISTAT Jetrader - Summer 2021 - 5
ISTAT Jetrader - Summer 2021 - 6
ISTAT Jetrader - Summer 2021 - 7
ISTAT Jetrader - Summer 2021 - ISTAT News & Events
ISTAT Jetrader - Summer 2021 - 9
ISTAT Jetrader - Summer 2021 - Perspectives: Q&A With Dean Gerber
ISTAT Jetrader - Summer 2021 - 11
ISTAT Jetrader - Summer 2021 - 12
ISTAT Jetrader - Summer 2021 - 13
ISTAT Jetrader - Summer 2021 - Reunited in the Magic City
ISTAT Jetrader - Summer 2021 - 15
ISTAT Jetrader - Summer 2021 - 16
ISTAT Jetrader - Summer 2021 - 17
ISTAT Jetrader - Summer 2021 - 18
ISTAT Jetrader - Summer 2021 - 19
ISTAT Jetrader - Summer 2021 - 20
ISTAT Jetrader - Summer 2021 - 21
ISTAT Jetrader - Summer 2021 - Understanding Lease-Encumbered Values
ISTAT Jetrader - Summer 2021 - 23
ISTAT Jetrader - Summer 2021 - 24
ISTAT Jetrader - Summer 2021 - 25
ISTAT Jetrader - Summer 2021 - ISTAT Foundation: Supporting UN Humanitarian Air Service Efforts
ISTAT Jetrader - Summer 2021 - 27
ISTAT Jetrader - Summer 2021 - Appraisal: 737 MAX 8 and DHC-8-400
ISTAT Jetrader - Summer 2021 - 29
ISTAT Jetrader - Summer 2021 - 30
ISTAT Jetrader - Summer 2021 - 31
ISTAT Jetrader - Summer 2021 - At a Glance: Dezhi Zhu
ISTAT Jetrader - Summer 2021 - 33
ISTAT Jetrader - Summer 2021 - From the Vault: ISTAT Latin America Forum 2017-2019
ISTAT Jetrader - Summer 2021 - 35
ISTAT Jetrader - Summer 2021 - Advertiser Index
ISTAT Jetrader - Summer 2021 - Cover3
ISTAT Jetrader - Summer 2021 - Cover4
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