Defense Expert Says AAR Got Fair Prices In BCI Deals

Law360, Chicago (February 27, 2012, 8:16 PM EST) -- An aircraft appraisal expert testified Monday in Illinois federal court that AAR Corp. bagged fair prices in two multimillion-dollar deals with BCI Aircraft Leasing Inc., transactions the government alleges were tainted by bribes paid by a BCI executive now charged with defrauding investors.

Quentin Brasie, the chairman and CEO of ACI Aviation Consulting, testified as an expert witness called by the defense in the criminal trial of BCI, its CEO Brian Hollnagel and its managing director Craig Papayanis, all charged with running a financing scheme worth...
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