Did you realize you have an additional exposure when you are sued as a result of a customer complaint? FADA has recently been advised that one captive auto lender
Category Archives: Legal/Regulatory Alerts
FADA Partners with Lenders to Help Dealers on RISC
The FADA staff and members of our legal team, notably Alex Kurkin of Kurkin Forehand Brandes in Miami/Tallahassee, met with 16 lenders via a recent webinar to ask these lenders to make some changes to their RISC’s in Florida. A Florida lawsuit makes these changes absolutely necessary.
Florida Minimum Wage Increases Effective 1/1/2012
Florida’s minimum wage for non-tipped employees will increase Jan. 1 to $7.67 an hour, a 4.9 percent increase from the $7.31 an hour minimum for 2011, the Florida Department of Economic Opportunity reported over the weekend. Wages for tipped employees will rise to $4.65 an hour, up from $4.29. The wage increase is based on…
Court Decisions Affect Standard and Longtime F&I Procedures
Standard and long-time F&I procedures have been thrown on their head by a Florida appellate court, calling into question the process for spot deliveries and other disclaimers and waivers.
EFS and Temp Tag Inquiries May Result in Transaction Fees
New bills will soon be coming to dealers from DMV if you requested inquiries through one of the temp tag or EFS providers and the inquiry was not part of a title or registration transaction.
