We at Bass Sox Mercer strongly believe that it is critical
for motor vehicle dealers and their Association Directors to be educated
on the varying issues affecting the retail motor vehicle industry.
To this end, the partners of Bass Sox Mercer regularly speak
at National/International dealer conventions, State/Metro Association
Conventions, 20 Group meetings, and other dealer seminars. The firm's
law practice is focused solely on motor vehicle franchise law, and
the representation of automobile, truck, recreational vehicle and
motorcycle dealers throughout the country.
The partners of Bass Sox Mercer
have spoken at the Automotive World Congress, the NADA Annual
Convention, the JD Power Blue-Ribbon Roundtable, the E-Automotive
Conference, the AICPA Convention, numerous State automobile, truck
and motorcycle dealer association meetings and 20 groups. Because
we represent motor vehicle dealers in all aspects of their franchises,
including disputes with manufacturers and plaintiff's attorneys,
our partners are uniquely suited to bring real-time examples to
bear upon their seminar topics.
A listing of the seminars we provide
to motor vehicles dealers and their Associations
are listed below. Please feel free to contact us to schedule one
of these seminars for your organization or to discuss modifying
a seminar to suit your organization's specific interests.
Franchise Law Issues
Major Topic Review – In this seminar, which generally runs
2 to 3 hours, we review the major issues which regularly impact your
franchises including additional points of sale, terminations, ownership
transfers, management changes, incentive programs, warranty audits,
incentive audits, dealership succession, and dealership mergers and
acquisitions.
Franchise by Franchise Review – This seminar, which can
run from 1 to 2 hours, covers in detail the latest trends by franchise.
Most of the issues which are covered in our “Major Topics Review” are
addressed as they apply to a particular linemake(s). This presentation
is most commonly given to 20 Group meetings.
Legislative Review – This seminar, which can run from 1
to 2 hours, reviews a specific State’s motor vehicle franchise
law provisions. This presentation covers both the important provisions
which should be taken advantage of by the motor vehicle dealers within
the State as well as areas in which the franchise laws could be updated.
Our most common audience for this seminar includes Motor Vehicle
Dealer Association directors and their Board members.
State of the Industry – In this seminar, which typically
last from 1.5 to 2.5 hours, we cover the latest trends in the industry – topic
by topic. Instead of focusing on particular manufacturers, this presentation
reviews issues such as the latest trends in sales incentive programs,
facility/image programs and dealer body consolidation programs – to
name a few – which impact dealers of various linemakes. This
presentation, like all of our seminars, includes recommendations
on ways that dealers may be able to avoid participation in unreasonable
programs and otherwise protect the dealer’s investment in the
franchise which may be threatened by such programs.
Dealership Mergers and Acquisitions/Succession – In this
seminar, which generally takes from 1.5 to 2.5 hours, Robert Bass,
the transactional partner in the Firm, discusses the issues surrounding
Letters of Intent, Asset Purchase Agreements, Stock Purchase Agreements,
the manufacturer franchise application process, the impact of and
uses for trusts in mergers and acquisitions, and proper succession
planning.
A Walk Through the Manufacturer Franchise Application Process – This
seminar, which takes approximately 1 hour, provides a detailed, step-by-step,
walk through the manufacturer application process involved in buying
and selling a dealership. This presentation includes examples of
various manufacturer applications and the particular items we have
found certain manufacturers look for in those applications.
Finance and Insurance Issues
Introduction to Key F&I Concepts – In this seminar, which
generally runs 1
to 2 hours, we provide an overview of current industry developments and
legal compliance requirements facing dealership F&I departments. Question
and answer is an integral part of this presentation.
Continuing Education for F&I – In this seminar, which can
run 2 to 3 hours,
we provide a more in-depth analysis of F&I issues, including
an overview of key elements of dealership forms. This intermediate/advanced
presentation contains a detailed discussion of state and federal
laws covering F&I dealership operations and also includes suggestions
on how dealers can improve F&I performance while reducing liability
in today’s environment of individual complaints, government
intervention and class action lawsuits.