Automotive Transactions
Representing automotive dealers, our lawyers are regularly involved in a variety of automotive business transactions. We offer practical legal and business advice on structuring, preparing, and negotiating the purchase and sale of both foreign and domestic automobile dealership assets.
These asset transactions call upon our real estate experience to complete the purchase, sale or lease of the associated dealership location. We work closely with the client to complete asset based, floor plan and real estate financing to complete these transactions.
Representative Engagements:
- Counsel to seller in the sale of 12 foreign and domestic automobile dealerships and associated bodyshops in Massachusetts, Maine, and New Hampshire to a well known regional dealer and the sale of associated real estate.
- Counsel to owner of a Metro West General Motors automobile franchise in the sale of dealership real estate and facilities to regional dealer and the wind down of the associated franchise business.
- Counsel to seller in the sale of assets of Metro West truck dealer and its three domestic truck franchises and the lease of associated real estate.
- Counsel to regional distributor of a national fire truck and equipment manufacturer in the negotiation of the termination of the distributorship and wind down of its business.
- Counsel to stockholder of privately-held Rhode Island automobile dealer in the transfer of the equity interest in foreign and domestic automobile dealer franchises.
- Counsel to acquirer in the purchase of the assets of a central Massachusetts foreign dealer franchise and in the completion of associated acquisition financing and real estate lease transaction.
- Counsel to central Massachusetts new car dealer in the acquisition and financing of real estate for the construction of a new dealership location.
- Counsel to acquirer of manufacturer of vans and buses converted for use in the transportation of disabled people and for a variety commercial uses.
