10 Transactional Potholes With Auto Dealerships

Law360, New York (December 13, 2010, 1:47 PM EST) -- The buying or selling of an automotive dealership, usually via the purchase or sale of the dealership assets, has become an increasingly complicated and sophisticated legal transaction requiring expertise in many legal disciplines, including corporate law, real estate law (including leasing), banking and finance, environmental law, contract law, employment law and tax law; and often involves municipal zoning and permitting expertise. In reviewing the important components of the automotive dealership business transaction, the following are among the items that require careful consideration, due diligence and contractual...
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