By Logan S. Parker Force majeure is a clause common in commercial contracts. The clause allows a party to terminate a contract or delay performance of a particular term in a contract upon the occurrence of an unforeseen or extraordinary event. Force majeure clauses were invoked quite frequently...

By Logan S. Parker Bass Sox Mercer closed 63 transactions in 2022. Those transactions took place in 23 different states, covered 38 linemakes, and had an aggregate value of roughly one billion dollars. The closed transactions involved dealerships located in Alabama, California, Connecticut,...

By: C. Lee Lovett In today’s market environment that sees high inflationary pressure paired with a competitive labor market, dealers have been evaluating the ways to attract and retain talent without necessarily increasing pay-plans and draining cash reserves. Often times equity participation...

By Gregory May  Many dealers were hit hard at the onset of the Covid-19 pandemic, and subsequently availed themselves of the benefits afforded by the federal Paycheck Protection Program. However, months have passed, and for various reasons, these same owners now find themselves...