(As published in Leasing News on June 12, 2024) For the past six years I have represented the New York Automobile Leasing Brokers Association as an attorney and registered lobbyist in a fight to stave off the push by the Greater New York Automobile Dealers Association...
(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...
(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...
(As first published in nvla LeaseWire) As previously reported, the Consumer Financial Protection Bureau (CFPB) issued the final Small Data Collection Rule promulgated under Section 1071 of the Dodd-Frank Act on March 30, 2023 (Rule 1071). Under this final rule,...
(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...
(As first published in Leasing News) On June 7, 2023, the Connecticut State Legislature passed an Act Requiring Certain Financing Disclosures, Senate Bill No. 1032 (“Law”). The Law (click to view) was signed by the governor and will go into effect on July 1, 2024....
