NON-COMPETES ARE OUT THE WINDOW

(As first published in nvla LeaseWire) Non-compete agreements have always been part of the tool kit for leasing and finance companies to deal with their employees, especially the sales team. To prevent the sales team from hopping to another business, quite often...

FTC CARS Rule

(As first published in nvla LeaseWire) On January 4, 2024, the Federal Trade Commission (“FTC”) published the final rule known as the Combatting Auto Retail Scams Trade Regulation Rule (“CARS Rule”). The FTC’s authority is derived under the Dodd-Frank Act to make...

REGULATORY ROUNDUP 2023

(As first published in nvla LeaseWire) The amount of regulation covering vehicle leasing and finance businesses is staggering, particularly if you operate in multiple states. You need to be aware of the distinction between commercial and consumer leasing with respect...