Jap W. Blankenship

Of Counsel
Oklahoma City Office
Chase Tower
100 N. Broadway, Suite 1700
Oklahoma City, OK 73102-8820
T (405) 232-0621
F (405) 232-9659
jblankenship@fellerssnider.com
V-CARD

Representative Matters & Clients

With respect to his aviation practice, Jap has had extensive experience in representing major corporations and other entities (including Fortune 100 companies) in the negotiation and preparation of agreements relating to the purchase, sale, leasing and financing of large jet aircraft, both new and used. In such transactions, Jap has very often been the sole or lead outside counsel for the client and has been primarily responsible for the preparation and consummation of all required documentation. As the Oklahoma City office of the firm is located near to the FAA Aeronautical Center, Jap is often called upon to act as special FAA counsel regarding various aspects of transactions, including:

• Assisting clients in analyzing the proposed ownership and registration structures of transactions for compliance with U.S. citizenship and registration requirements (including the use of owner trusts and other arrangements to satisfy the same).
• Drafting and reviewing documents to be filed with the FAA Registry for compliance with the Federal Transportation Code and regulatory requirements of the FAA.
• Obtaining opinions of the FAA Aeronautical Center Counsel on various matters, including the affect of a specific lease on aircraft registration, the recordability of documents, and the acceptability of trust structures and limited liability companies with respect to aircraft registrations.
• Providing services with respect to an aircraft’s importation (registration with the FAA after a prior registration in a foreign country) and an aircraft’s exportation (U.S. deregistration in anticipation of foreign country registration).
• Organizing and conducting the closing of transactions, including conference calls with the required parties, the supervision of filing of all escrowed documents with the FAA and, where appropriate, the registration of such documents with the International Registry.
• Providing legal opinions with respect to the recordability of documents filed with the FAA, the status of registration of the aircraft, and the status of encumbrances filed at the FAA and registered with the International Registry.

With respect to his real estate practice, for more than 25 years Jap has served, and continues to serve, as Oklahoma counsel to a major national financial institution in connection with a variety of loans collateralized by various kinds of commercial real estate; and also with respect to secured loan workouts, receivership actions, foreclosures, and deeds-in-lieu of foreclosure arrangements. Jap has also had extensive experience in working with major out-of-state law firms in serving as local counsel with respect to the Oklahoma aspects of multi-state transactions.