Erick T. Gjerdingen has joined Mallor Grodner LLP as an attorney in the firm’s business and professional practice services division. He brings extensive experience representing individuals and organizations in a wide range of business law matters, including advocating in litigation and appeals and advising in transactions. Erick is admitted in both Indiana and Nevada and […]
Congratulations to Terry Lee on the sale of the Terry Lee Honda dealership in Avon, Indiana, to Asbury Automotive Group, Inc. Terry Lee Honda, established in 2008, has consistently earned the Honda President’s Award, been on the Top 100 Automotive News Best Dealerships to Work For list, and received the Indianapolis Star Top Workplaces Award […]
Kathryn M. Cimera, an attorney with the law firm of Mallor Grodner LLP, served as guest speaker at the January 25, 2018 meeting of the Human Resource Executive Impact Group, in Indianapolis. Her presentation, entitled “Human Resources’ Role in the New World,” focused on the evolving role of Human Resources managers in businesses today. Topics […]
December Ruling On MLA Impacts Dealership Lending Practices On December 14, 2017, the Department of Defense (“DOD”) issued a ruling on the Military Lending Act (“MLA”) that will affect dealership financing of a vehicle on all loan transactions entered into since October 3, 2016. The MLA imposes a series of duties and restrictions on creditors […]
In November 2016, the Federal Trade Commission (FTC) revised the Used Car Rule to provide more information to consumers and to simplify the disclosure process for dealers. The revisions became effective in January 2017, but dealers were given a one-year grace period to transition to the new rule and the new Buyers Guides. As […]
Garry Founds and the team at Mallor Grodner successfully helped a client close a $39.5M CMBS financing for a property portfolio consisting of multiple condominium regimes, apartments, and rental homes. The lenders included both a senior CMBS lender and a mezzanine lender. Garry assisted in every phase of the transaction, including the following: Valuation […]