Over the past several months, BSM lawyers have successfully resolved warranty reimbursement rate disputes with BMW, Mercedes-Benz and Nissan. After following the procedures set out in each dealership’s respective state franchise laws and submitting a request for an increase in their...
BSM Partner, Mark Ornstein, Tapped to be Vice President/General Counsel of Jenkins Automotive Group
Written by admin on . Posted in 2021, Newsbrief.
The BSM team wishes attorney Mark Ornstein all the best in his new role as Vice President and General Counsel of Jenkins Automotive Group, one of the largest privately-held automotive groups in the State of Florida.
After a very successful dealer law practice in Orlando, Florida, Mark...
Dealers Should Be Wary of Aggressive Claims Relating to Employee Retention Tax Credits
Written by admin on . Posted in 2021, Newsletter, Operations.
By: Andrew G. Thomas
Every prudent business entity has been meticulously following and researching the various government programs providing benefits as a result of this pandemic. One such benefit comes in the form of Employee Retention Tax Credits (ERTCs) under the CARES Act. This is a...
Vehicle Allocation Continues to Rile Dealers
Written by admin on . Posted in 2021, Newsbrief, Newsletter.
The lack of sufficient production of new vehicles has continued to plague dealers across the country. Although the relative lack of supply has increased dealership new vehicle margins, that lack of supply is starting to reach a critical level.
Many of the dealerships represented by...
Hyundai Dealers Push-Back on IONIQ Participation Agreement
Written by admin on . Posted in 2021, Newsbrief, Newsletter.
BSM has been contacted by a number of Hyundai dealers across the country who are questioning the appropriateness of the IONIQ EV Participation Agreement. Like electric vehicle agreements proposed by General Motors, Volkswagen and others, the IONIQ EV Participation Agreement raises potential...