Preparation for a Franchise Motor Vehicle Dealership Sale
By Robert A. Bass Over the last year, the selling and buying of franchised motor vehicle dealerships has been robust. While indicators point to and continue to suggest a sellerR
FORD SEPARATES ITS LEGACY AND EV BUSINESSES
By: Andrew G. Thomas Ford recently announced that it is creating a separate company for its EVs. But for dealers, this exciting news is tempered by potential concerns. Will Ford’
Diligently Responding to OEM Deficiency/Poor Performance Claims
By Micah A. Andrews As a regular practice, OEMs commonly calendar and send letters to franchisees summarizing the dealership’s past sales, service, and customer satisfactio
Mercedes-Benz Issuing Framework Agreements to Smaller Dealership Groups
It appears that Mercedes-Benz may be issuing new framework agreements to dealer organizations which have not previously been asked to agree to framework terms. These agreements hav
Dealerships’ Obligations under the FTC Safeguards Rule Increase and Expand
By W. Kirby Bissell At this point, all dealerships should be familiar with the Federal Trade Commission’s “Standards for Safeguarding Customer Information” or the FTC’s S
BSM Adds Talented Transaction Counsel
BSM welcomes attorney, Lee Lovett, to our team. Lee is a talented attorney with significant experience in the area of dealership and real estate buy-sells as well as complex deal