Automotive/Transportation

Senate Passes Keeping American Workers Paid and Employed Act as Part of Coronavirus Response

Senate Passes Keeping American Workers Paid and Employed Act as Part of Coronavirus Response

Late last evening, in a bold response to the crisis currently facing our country, the Senate passed the nearly $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. This bill, known as Phase 3, is extremely beneficial for small business of all sizes and includes unique provisions to help provide liquidity and to help businesses […]

BUSINESS INTERRUPTION COVERAGE – INSURANCE INDUSTRY AND LAWMAKERS WEIGH IN

BUSINESS INTERRUPTION COVERAGE – INSURANCE INDUSTRY AND LAWMAKERS WEIGH IN

In a letter dated Wednesday March 18, 2020, a bipartisan group of U.S. Congressional lawmakers urged four major insurance trade organizations “to make financial losses related to COVID 19 and other infectious disease-related losses part of their commercial business interruption coverage for policy holders.” The lawmakers advised that the “shelter-in-place” orders that have been issued […]

COVID-19 and Force Majeure

COVID-19 and Force Majeure

Unforeseeable circumstances – such as the outbreak of coronavirus (“COVID-19”) – that prevent a party from fulfilling its contractual duties may fall under the force majeure clause of that contract. However, a great deal depends on the nature of the event and its impact on the specific contract and its performance by the parties.  The […]

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 […]