California Auto Dealer: Latest Court Rulings: Backdating contracts, OT compensation, break time rules & more

January 2017

Over 30 Years’ Experience Handling Buy/Sells And Automotive Law           

January 2017

New California Supreme Court Ruling Clarifies Backdating Contracts
A recent California Supreme Court ruling known as the Raceway Ford Cases, clarified the rules on backdating contracts and how to handle errors made on contracts. 
Click here to read more on the Raceway Ford Cases ruling.

Are You in Compliance with Used Car Rules?
Many dealers fail to comply with used car rules.  

Click here to learn the most common areas of non-compliance.

Protecting Your Title to Vehicles

You protect your dealership from all third party claims, except mechanic’s liens, by perfecting the dealership’s security interest in the vehicle you purchase for resale.  Making sure this is done quickly and properly is important.  
Click here to read about why you should perfect a title lien within 30 days.

New Ruling Regarding Overtime Compensation 
On January 9, 2017, the 9th Circuit Court of Appeals ruled that service advisors are not exempt from overtime.  

Click here to read more on overtime compensation.

New Break Time Ruling  
The California Supreme Court ruled on December 22, 2016 that workers must not be interrupted during their ten minute rest breaks. 

Click here to read more about this break time ruling. 

Buy/Sells – Part V: The Role of Real Property in Buy/Sells 
Click here to read Part V in a series of articles on Buy/Sells.  

The first four articles discussed three different types of buy/sell agreements: asset sale and purchase agreements, stock sale and purchase agreements and shareholder agreements.

FREE WEBINAR 

Buy/Sell Basics Part III: Stock Purchase Agreements 


Erin K. Tenner

Join Erin Tenner on Wednesday, March 8 at 11 am PT for the third in a series of Buy/Sell webinars. Learn:


1. When to consider purchasing stock instead of assets.

2. Tax issues in selling stock.

3. Pros and cons of stock sale and purchase agreements.

        Mark your calendar for Part IV on Monday, May 1 and 
                     Part V on Monday, June 26 at 11 am PT 

Please Note: 
These articles are necessarily general in nature and do not substitute for legal advice with respect to any particular case. Readers should consult with an attorney before taking any action affecting their interests.
California Auto Dealer is a registered trademark. The content of this Newsletter may not be duplicated without permission. 
Erin K. Tenner
(818) 907-4071 / etenner@grayduffylaw.com
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Please Note: This article is necessarily general in nature and is not a substitute for legal advice with respect to any particular case. Readers should consult with an attorney before taking any action affecting their interests.