Tag Archives: Operated

  SEC Alleges Financial Visions, Colorado-Based Funeral Financing Business, Operated as Ponzi Scheme

The Securities and Exchange Commission (“SEC”) has filed a fraud lawsuit in federal court in Colorado against a group of companies known as “Financial Visions” and their principal, Daniel B. Rudden (“Rudden”), who allegedly bilked at least 150 investors in … Continue reading

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When Is A Privately Owned Aircraft Operated By The Military A "Public Aircraft"?

The answer to this question is governed by 49 U.S.C. 40125 and, according to a recent FAA Legal Interpretation, is determined on a "flight by flight" basis based on a number of factors. Section 40125(c) sets the operation-specific criteria for … Continue reading

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