Close

Articles Posted in ChIcago and Illinois Car Dealer Attorneys

Updated:

Breaking Up is Hard to Do: Resolving Partner Disputes in Closely Held Dealerships

Most dealership groups are built by partners. One person has the operational instincts, another has the capital, another brings relationships, and the business grows. That partnership model works until it does not. When the relationship fractures, the dealership cannot hit pause. Cars still have to be sold. Service lanes still…

Updated:

Manufacturer Pushback? How the Illinois Motor Vehicle Franchise Act Protects Your Investment

Dealers invest millions of dollars in facilities, inventory, people, and goodwill. Yet when a manufacturer pushes back on a transfer, a succession plan, or even the renewal of a franchise, it can feel like the factory is the real owner and the dealer is just renting the right to do…

Updated:

The 5 Critical Clauses Every Illinois Dealer Needs in a Buy Sell Agreement

A dealership sale is not the same thing as selling a dental practice or a trucking company. In most deals, the buyer and seller sign a contract, the lender funds, and the keys change hands. In a franchised dealership deal, the real gatekeeper is the factory. Add floor plan lenders,…

Contact Us
Start Chat