Raymond Wells

Debevoise & Plimpton LLP 

$ $$$

New York 10022 NY US

Raymond G. Wells is a counsel in the firm’s Corporate Department and Aviation Practice Group. He focuses his practice on a wide variety of domestic and international financing projects, with a concentration on aviation transactions, including leases, mortgage financings and restructurings. Mr. Wells is ranked as a leading aviation finance lawyer by Chambers USA, where clients note that he is “very strong at execution” and has a “thorough knowledge of documents and the market.” He is also recommended by The Legal 500 US for Asset Finance and Leasing and by ExpertGuides for Aviation.

Mr. Wells is co-author of a number of articles, including “Protecting the Aircraft Lessee’s Quiet Possession Right Under the Cape Town Convention,” Bloomberg Banking & Finance Reporter (June 2009) and “How the EETC Structure Has Changed,” Airfinance Journal (May 2010).

Mr. Wells is a member of the American Bar Association and The Association of the Bar of the City of New York.

Mr. Wells joined Debevoise’s New York office in 1978 and was made Counsel in 1986. He was a resident in the firm’s London office and in the firm’s Hong Kong office for various periods during the 1990s. Mr. Wells received his B.A. from Yale University in 1975 and his J.D. from Columbia Law School in 1978.

Experience:

  • American Airlines and US Airways in mortgage financings by Crédit Agricole Corporate and Investment Bank, New York Branch, of two Embraer ERJ 170-200 LR aircraft, purchased by American from the manufacturer, and two Airbus A321 aircraft, purchased by US Airways from the manufacturer, and the leasing of the two ERJ 170-200 aircraft to Compass Airlines.
  • American Airlines in mortgage financings by Export Development Canada of up to 54 Bombardier CRJ900 aircraft and the leasing of those aircraft to American Eagle carriers.
  • American Airlines in mortgage financings by Agência Especial de Financiamento Industrial – FINAME, a subsidiary of Banco Nacional de Desenvolvimento Econômico e Social, of more than 45 Embraer ERJ 170-200 LR aircraft and the leasing of those aircraft to American Eagle carriers.
  • American Airlines in mortgage financings by Commonwealth Bank of Australia, New York Branch, of four Embraer ERJ 170-200 LR aircraft, purchased by American from the manufacturer, and the leasing of those aircraft to Compass Airlines.
  • US Airways in mortgage financings by Commonwealth Bank of Australia, New York Branch, and Banco de Sabadell SA, Miami Branch, of two Airbus A330-200 aircraft, purchased by US Airways from the manufacturer.
  • US Airways in mortgage financings by Banc of America Leasing & Capital of five Airbus A321-200 aircraft, purchased by US Airways from the manufacturer.
  • American Airlines and US Airways in mortgage financings by DVB Bank SE of two Boeing 737-800 aircraft, purchased by American from the manufacturer, and one Airbus A330-200 aircraft, purchased by US Airways from the manufacturer.
  • American Airlines and US Airways in mortgage financings by Sumitomo Mitsui Banking Corporation, New York Branch, of one Boeing 737-800 aircraft and one Boeing 787-8 aircraft, each purchased by American from the manufacturer and one Airbus A321-200 aircraft, purchased by US Airways from the manufacturer.
  • Tenaska Power Fund II in its $1.6 billion term loan to repay acquisition and project-level debt at seven electric generating facilities in the U.S. plus additional construction and term loan facilities, a transaction awarded the IJGlobal “2014 North American Portfolio Deal of the Year” award.
  • Delta Air Lines in arrangements in 2015 and 2016 for leases of 10 Boeing 737-900ER aircraft and 14 Bombardier CRJ900 aircraft from subsidiaries of CIT Group.
  • American Airlines in its agreements with Bombardier and Embraer to purchase, in aggregate, 90 new 76-seat regional jets with options to purchase up to 130 more.
  • American Airlines in the aircraft financing aspects of the then largest aircraft order in aviation history, the acquisition of 460 narrowbody, single-aisle aircraft from Boeing and Airbus, with options for an additional 465 aircraft, which included approximately $13 billion of committed financing provided by the manufacturers.
  • American Airlines and AMR, as special aircraft counsel, in their successful Chapter 11 proceedings involving the restructuring of complex financing arrangements relating to more than 400 aircraft generating savings in excess of $1.8 billion and to the raising of more than $9 billion of new financing through various capital markets, syndicated lending and other financing transactions. This restructuring was honored by Turnarounds & Workouts as one of a dozen “Successful Restructurings – 2013.”
  • American Airlines in its sale-leaseback arrangements with ILFC to finance up to 15 new Boeing 737-800 aircraft.
  • Verizon Communications in the refinancing of the public-debt portion of a leveraged lease transaction on its spin-off and merger of its wireline businesses in 14 states to Frontier Communications Corporation, a transaction valued to Verizon and its stockholders at $8.6 billion.
  • AMR in the financing of 100% of the purchase price of 22 future deliveries of CRJ700 aircraft, through a combination of financings from Export Development of Canada and another party.
  • American Airlines in its innovative $450 million offering of notes secured by over 140 vintage aircraft, part of a series of financing transactions for which American won Airfinance Journal’s “2009 Editor’s Deal of the Year” award.
  • American Airlines in a combined mortgage and sale-leaseback financing raising total proceeds and commitments of $1.8 billion, part of a series of financing transactions for which American Airlines won Airfinance Journal’s “2009 Editor’s Deal of the Year” award.
  • American Airlines in its Rule 144A $276 million offering of notes secured initially by cash collateral and subsequently by 12 Boeing aircraft.
  • American Airlines in arranging backstop financing for Boeing 737-800 aircraft to be delivered between 2010 and 2011.
  • American Airlines in its 2005 sale-leaseback of 89 Rolls-Royce RB211-535E4, General Electric CF6 and Pratt & Whitney JT8D-219 spare jet aircraft engines, with debt obtained in a capital markets financing.
  • American Airlines in its Rule 144A offering of notes secured by aircraft spare parts, the first capital markets spare parts financing of its kind to be completed without the benefit of a bond wrap.
  • Delta Air Lines in mortgage financings covering 23 Boeing aircraft.
  • Delta Air Lines in the issuance of $195 million of equipment notes secured by 32 Boeing 767-300 and Boeing 757-200 aircraft.
  • Delta Air Lines in lease arrangements relating to 10 Boeing 757-200 aircraft with a large international leasing company.
  • Delta Air Lines and Comair, as special aircraft counsel, in their successful Chapter 11 proceedings, involving the refinancing of more than 275 aircraft via new debt or lease arrangements, the return or other disposition of more than 140 aircraft, the elimination of four aircraft types from Delta’s fleet and the litigation of substantial aircraft financing claims.
  • Delta Air Lines in its 2004 out-of-court restructuring of a large portion of its aircraft fleet financings.
  • American Airlines in its 2003 out-of-court restructuring in which it reached agreements with more than 100 aircraft lessors, lenders, and other creditors on cost reductions exceeding $175 million a year and $1 billion over time.

Education:

  • Columbia Law School, 1978, J.D.
  • Yale University, 1975, B.A.

Bar Admissions:

  • New York

Cost

Rate : $$$$

Contact for details

What types of cases Attorney Raymond Wells & Debevoise & Plimpton LLP  can handle?
Debevoise & Plimpton LLP  can handle cases related to laws concerning Financial Services, Aviation. We manually verify each attorney’s practice areas before approving their profiles and reviews on our website.
Where is Debevoise & Plimpton LLP  located?
Debevoise & Plimpton LLP  is located at 919 Third Avenue, New York, NY 10022, USA. You can reach out to Debevoise & Plimpton LLP  using their phone line 212 909 6428. You can also check their website debevoise.com or email them at [email protected].
How much would it cost to hire Debevoise & Plimpton LLP ?
Raymond Wells lawyer charges are specific to each case. However, they work with contingency fees and its ranges from $$ to $$$. They also provide free consultation [and no obligation quotes] if you are interested to hire.
Are Raymond Wells reviews trust-able?
We have the ratings and reviews moderation team who checks and verifies every review submitted on our website manually. You can trust all the reviews you see on Raymond Wells lawyer profile listing.

Rate and write a review

Your email address will not be published. Required fields are marked *

Is this your profile?Claim it now.

Make sure your information is up to date.
New York 10022 NY US
Get directions

Lina Stillman

5.0
Broadway 42
New York 10006 NY US
Advertisement