With 2024 underway, we highlight some of the most pressing legal issues facing the automotive industry this year, including a surprise Federal Trade Commission (FTC) rule, changes to manufacturer direct-to-consumer sales, and...more
3/28/2024
/ Automotive Industry ,
Car Dealerships ,
Direct to Consumer Sales ,
Driverless Cars ,
Electric Vehicles ,
Environmental Protection Agency (EPA) ,
Excessive Fees ,
Federal Trade Commission (FTC) ,
Infrastructure ,
New Rules ,
Popular ,
Profits ,
Scams ,
Valuation
New crypto legislation is skiing down Utah’s silicon slopes. On March 13, 2023, the Utah Decentralized Autonomous Organizations Act was signed into law, taking effect on January 1, 2024.
While other states such as...more
Regulatory Guidance Aims to Apply Banking Regulations to Stablecoin Issuers -
On November 1, 2021, an interagency group consisting of the President’s Working Group on Financial Markets (PWG), the FDIC, and the Office of the...more
11/4/2021
/ AML/CFT ,
Banking Regulators ,
Banks ,
Blockchain ,
Comptroller ,
Cryptocurrency ,
FATF ,
FDIC ,
International Regulatory Standards ,
Popular ,
Proposed Legislation ,
Settlement ,
Stablecoins
The Ninth Circuit ruled on Thursday that a California retailer must pay its own legal fees in a state consumer protection lawsuit brought against it by the California Attorney General, despite its insurer’s agreement to cover...more
AFC Gamma’s SEC filing illustrates the importance of proper risk assessment and adequate risk factor disclosures to investors in the rapidly-shifting regulatory landscape of cannabis production, sales, and lending.
AFC...more
The California New Car Dealers Association has requested a memo regarding online vehicle sales, home delivery and remote work for vehicle salespersons. Below is our executive summary followed by a brief discussion.
I....more
Today is the first day to submit applications for a Small Business Administration loan under the new Paycheck Protection Program (PPP), one of the key components of the Coronavirus Aid, Relief, and. Economic Security (CARES)...more
Recent state and local executive orders limit or suspend many operations of California dealers and repair facilities. This alert summarizes the effects and penalties of recent orders, which are changing daily. All...more
Found below is the current status for state and local orders impacting dealers and distributors in the automotive industry.
Alabama State -
Allows most non-food retailers to remain open subject to social distancing...more