Aviation Finance partners Tim Lynes and Stewart Herman have had their aviation advisory, "Structuring a PDP Loan to Protect the Lender from an Airline Bankruptcy," published as an article in the September 2021 issue of the Journal of Bankruptcy Law.  Analyzing a recent bankruptcy opinion, Tim and Stewart offer practical suggestions for aircraft finance parties to structure pre-delivery payment (PDP) credit facilities to provide protection in the event of a bankruptcy of the airline borrower.  ("Structuring a PDP Loan to Protect the Lender from an Airline Bankruptcy," September 2021)