Our Clients Receive Individualized Attention And Advice

Dealerships

Whether your inventory consists of new and used automobiles, marine craft, or manufactured housing, dealerships face unique operational and financial pressures. When financial distress occurs, the stakes involve a complex web of stakeholders, including floor plan lenders, manufacturers, customers, taxing authorities, and landlords.

Gartland Thacker DelCotto PLLC understands the high-wire act of balancing lien payoffs on trade-ins and ensuring floor plan proceeds are managed correctly while waiting for deals to fund. We provide immediate, sophisticated intervention when the stability of your dealership is at risk.  We have seen a number of complex problems over the years. 

Our team provides strategic counsel and aggressive defense in critical areas, including:

  • Floor Plan & Lender Relations – We represent dealers during intensive on-site audits and defend against replevin actions brought by lenders seeking to recover collateral. Out-of-trust concerns often arise. 
  • Manufacturer & Franchise Disputes – We navigate complex franchise issues, including the return of vehicles or parts during a wind-down or restructuring.
  • Asset Monetization & “Blue Sky” Recovery – We help dealers formulate strategies to preserve the intangible value of their franchise, often resulting in successful workouts or sales that recover significant “blue sky” value.
  • Regulatory & Consumer Compliance – Our firm assists in managing inquiries from the Attorney General and other regulatory bodies to ensure your reputation and licensing remain intact.
  • Workout & Liquidation Strategy – Whether the goal is a turnaround, a Chapter 11 restructuring, or an orderly liquidation, we assess every option to protect the interests of owners and all stakeholders. 

Gartland Thacker DelCotto’s deep experience in the dealership sector allows us to guide clients through high-stakes transitions and protect their interests in a complex, multi-party environment. To discuss your specific needs, call us today at 855-649-8289 or email our team to schedule a consultation.