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 Safeguards Rule. That rule originally took effect in 2003 and has required dealerships to develop and maintain a...
BSM Adds Talented Transaction Counsel
Written by admin on . Posted in 2022, Newsbrief, Newsletter.
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 dealership succession planning. Lee will work with BSM’s transaction team to assist our dealer clients in asset and real...
Warranty Reimbursement at Retail Developments & Trends
Written by admin on . Posted in 2022, Franchise News, Newsletter.
By: Jason T. Allen
Warranty reimbursement at retail has been a topic of legislative action and litigation for many years. By now, the vast majority of dealers are aware of their right to be reimbursed at retail for labor and/or parts used in warranty repairs, and manufacturers have...
Dealers’ Geographic Territories Matter
Written by admin on . Posted in 2022, Franchise News, Newsletter.
By Nicholas A. Bader
With the completion of the United States 2020 Census, dealers are likely to see revisions to their geographic territories. In some instances, these will be minor, in others more significant. In any event, dealers should carefully review the changes. The automakers...
Brand New Florida DHSMV Administrative Complaints alleging Untimely or Incomplete Titling Submissions using the Electronic Filing System (EFS)
Written by admin on . Posted in 2022, Compliance, Newsletter, Uncategorized.
By: Micah A. Andrews
Over the last ten years many Florida dealers have received Administrative Complaints from the Florida Department of Highway Safety and Motor Vehicles (“DHSMV”) alleging untimely submission of titling paperwork for a motor vehicle transaction and seeking a civil fine in...