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Automotive Finance

LeClairRyan’s Automotive Finance team regularly assists captive finance companies, banks, financial institutions, and independent and specialty finance companies in transactions related to motor vehicle finance.

In every matter we handle, we strive to become our automotive finance clients’ trusted advisor and business partner. In this role, we apply our knowledge, insight and skill to help our clients achieve their business objectives while managing and minimizing their legal risks, difficulties and expenses.

Our distinctive strengths include:

  • Dealer trouble, workout and bankruptcy
  • Wholesale dealer finance
  • Bank-to-bank transactions
  • Sub-prime finance
  • Retail financing and leasing
  • Commercial vehicle and large truck financing

Members of our team possess a depth of experience handling automotive finance and lending and frequently achieve favorable, cost-effective results for our clients. We understand and appreciate the nuances associated with automotive loan origination and dealer loan workouts and protect our clients’ best interest every step of the way.

In addition, our attorneys’ knowledge of the retail auto finance process leads to efficient and effective resolutions when litigation of any size and complexity occurs.

Representative matters 

  • Represented agent bank in multi-bank, multi-faceted wholesale financing to venture-backed dealership, employing make-whole agreements as credit enhancements.
  • Closed scores of dealer loans to dealerships throughout the U.S., using efficiencies of scale.
  • Defended class action cases based on alleged wrongful post sale notices. 
  • Represented captive finance company in dealer workout, successfully liquidating multiple locations and collecting floor plan loans.

Contact

  • 212.430.8029