Selling a auto dealership with a planned buyer relocation can complicate obtaining the automaker’s consent to the transaction. M&A Stories December 9, 2024 Selling a car dealership requires automaker consent, and state laws generally require automakers to act with “good…
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When Relocation Is Part of a Dealership Sale: Automaker Consent and “Good Cause”
Posted in Problems with sale of auto dealerships Tagged with: auto dealership sale legal issues, automaker consent requirements, automotive industry M&A legal topics, dealership relocation approval, dealership transaction legal challenges, GM dealership sale dispute, good cause standard in dealership sales, M&A dealership sales, Ohio Motor Vehicle Dealers Board, state laws on dealership sales
Cleveland Honda Dealer’s Unsuccessful Bid for Expansion
In this blog post, we delve into the intricate world of M&A in the automotive industry, focusing on a Cleveland Honda dealer’s challenging journey to expand its footprint. We explore the legal complexities that arise when an automaker denies consent…
Posted in Problems with franchise deals Tagged with: appellate court case, automaker consent, automotive franchise law, automotive industry, car dealership legal battle, Cleveland M&A, Columbus state trial court, dealership acquisition, dealership performance, franchise law, franchise termination, Frye v. Am. Honda Motor Co., Honda dealership, legal challenges in dealership acquisitions, Legal disputes in M&A, legal recourse for dealerships, M&A in the auto industry, M&A legal issues, Ohio appellate court, Ohio Motor Vehicle Dealers Board
Recent Posts
- When Relocation Is Part of a Dealership Sale: Automaker Consent and “Good Cause”
- The Risks of Earnouts with Buyers Who Compete
- Buyer’s Forum Selection Clause Strategy Backfires in Baseball Program Acquisition
- Buyer-Friendly Earnout Provision Shields Buyer from Seller’s Claim
- Due Diligence Gives Buyers the Right to Walk Away from a Bad Deal
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- projections
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- punitive damages
- purchase agreement
- purchase price
- purchase price adjustment
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- quality of earnings assessment
- ratifying unassumed contract by post-closing action
- reasonably equivalent value
- receipt of buyer equity or security
- receipt of buyer equity or security
- receivables
- recoupment doctrine
- reformation
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- reliance
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- representation and warranty about customers
- representations and warranties
- rescission
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- restrictive post-closing covenants
- retaliation
- retention bonus
- revenue and profit projections
- reverse termination or breakup fee
- Revlon doctrine
- Right of publicity
- risk of post closing payments
- royalty
- S corporation
- sale leaseback
- sale of assets of business
- sale of business to ESOP
- sale of product line
- sales order
- sales tax
- sales tax imposed on equity sale of DRE
- sales tax risk
- SBA approval re PPP loan
- scienter
- Section 1377 election
- Section 363 sale
- securing buyer's note
- securing deferred purchase price
- security agreement
- seller carried purchase price
- seller knowledge
- seller owner responsibility for underreported sales tax
- seller owners equity interest in buyer
- seller ownership in buyer
- seller rep of no federal employer liability
- seller's age discrimination claims
- seller's covenants
- seller's federal injunctions
- seller's unemployment experience rating
- seller's warranty claims
- seller's workers compensation experience rating
- Selling shareholders problem with their board of directors
- severance benefits
- sexual harassment
- shareholder approval of deal
- shareholder buyout of partner
- shareholder personal guaranty of target lease
- shareholder release
- sharing transaction tax deduction benefits
- sick time
- signing LOI with revisions by signer
- specific performance
- state and local tax
- state approval of nonprofit hospital
- state franchise/income tax
- statute of frauds
- statute of limitations
- stay bonus
- step-down provision
- stock purchase agreement
- stock sale
- strategic acquisition
- strategic acquisition
- structure of transaction
- subordination
- substance over form
- substantially all assets
- success fee
- successor liability
- sufficiency of assets rep
- supply problems
- survival of covenants
- survival of reps and warranties
- tangible net worth
- target's stock options
- tax
- tax benefit sharing
- tax deferred reorganization
- tax penalties and additions
- Taxation
- termination of M&A agreement
- termination or breakup fee
- third party
- third party beneficiary clause
- time of the essence
- timely objection to indemnification claim
- tolling
- tolling
- tort misrepresentation in M&A
- tortious interference with prospective economic advantage
- trade secret misappropriation
- trade secret misappropriation by former seller employee
- trademark infringement
- trademarks
- transferee liability for taxes IRC Section 6901
- TRO/preliminary injunction before filing for arbitration
- tying fraud to economic loss
- typo or scriverner's error
- UCC search
- Uncategorized
- Uniform Fraudulent Transfer Act or Uniform Voidable Transfer Act
- union fringe benefits
- union liabilities
- unitary business
- unjust enrichment
- unliquidated or disputed claim
- unwanted assets
- vacation time
- valuation
- waiver of contractual provision
- waiver of jury trial
- waiver of removal to federal court
- waiver provision
- willful breach carveout
- willing buyer or procuring cause
- Withholding Post-closing payments
- working capital adjustment
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