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Automotive/Transportation

YOU AUTO KNOW® – Risk of Loss

Posted on in Automotive/Transportation, News
YOU AUTO KNOW® – Risk of Loss

Scenario:  Mr. Jones takes delivery of his new vehicle. During the period of time when the title is being transferred to Mr. Jones, he is in a serious accident, and the vehicle is determined to be a total loss. Mr. Jones contacts you and states that the dealership is responsible for payment of the vehicle since […]

YOU AUTO KNOW® – A WIN FOR THE GOOD GUYS

Posted on in Automotive/Transportation, News
YOU AUTO KNOW® – A WIN FOR THE GOOD GUYS

Recently, Ohio’s Ninth District Court of Appeals upheld the dismissal of a class action lawsuit against a dealer for several counts of the Ohio Consumer Sales Practices Act. The facts of the case are not unlike that in a routine lease transaction. The plaintiff leased a vehicle and executed a lease agreement. The lease agreement […]

You Auto Know!® – Insurance Coverage

Posted on in Automotive/Transportation, News
You Auto Know!® – Insurance Coverage

Recently I received an e-mail from a colleague of mine in the southeast. The scenario is as follows: Dealer sells and delivers a new Jeep. It is a cash deal. “Customer” pays with a check, the funds are not verified and a new title clerk immediately titles the vehicle. Shortly thereafter, the same customer visits […]

You Auto Know!® – MANUFACTURER INDEMNIFICATION

Posted on in Automotive/Transportation, News
You Auto Know!® – MANUFACTURER INDEMNIFICATION

As you are aware, Ohio has two statutes requiring a manufacturer/franchisor to indemnify the dealer/franchisee relative to defective motor vehicles that are produced by the franchisor and provided to the dealer/franchisee. The two Ohio statutes are O.R.C. §4517.60 “Indemnification and Holding Harmless of Franchisee” and §4517.72 – “Duty to Repair – repair unsuccessful,” commonly known […]

Governor Kasich Signs Blockchain Bill Into Law

Governor Kasich Signs Blockchain Bill Into Law

Ohio is now at the forefront of the blockchain revolution. On August 3, Governor Kasich signed Sub S.B. 220 into law. The bill specifies that transactions recorded by blockchain technology are permitted under the Uniform Electronic Transactions Act. Ohio is now just one of a handful of states, including Arizona and Tennessee, that have passed blockchain-focused legislation. […]