Federal Update • The Consumer Financial Protection Bureau has issued regulations revising the summary of Consumer Rights Form that must be used by employers who do background checks. Under the Dodd-Frank financial reform legislation, the CFPB replaced the FTC as the primary rule-making and enforcement authority for background checks of individuals under the Fair
Regulatory Updates
VADA Navigates the Virginia Regulatory Maze for Virginia Dealers VADA is involved in many types of issues outside the legislative process that could have negative impacts on our dealer members. Here are several matters that we have been working on in the past few months. Factory Ownership and Tesla Motors: Tesla Motors is a manufacturer
Health Care Reform Update 2013
Required Notices to Employees and Dependents Please contact your carrier or employment law attorney or trusted benefit advisor if you have questions about these notices. VADA Insurance is here to guide our clients and association members; however, we do not provide legal counsel. Summary of Benefits and Coverage (SBC). Starting with plan years and open
12 for ’12
2011 was a better year for car dealers, and dealers hope that business will improve in 2012. Despite continuing weakness in the general economy, customers are making their way to dealers’ showrooms. There are a number of reasons for that, and barring some major disruption the improvements should continue throughout 2012, leading to enhanced dealer
OSHA’s Top 10 Violations List for 2011
Attention Dealers!! OSHA recently announced its top 10 most frequently cited violations in America’s workplaces. Every year, OSHA compiles injury information from businesses across the country to identify injury trends, the costs associated with these injuries, and what American businesses can do to promote safer workplaces. The top 5 violations are highlighted in more detail
Three Little-Known Factoids that TEAM VADA Members Need to Know…
What you don’t know can hurt you! In the car business ignorance is not bliss! Not knowing and benefitting from the challenges and troubles of your brother and sister auto dealers can only lead to you repeating their foibles and paying the price. As frequent DealersEdge® Webinar contributor Steve Nickelsen says often, “You don’t know
Selling a car on eBay
One of the primary concerns of dealers doing business on the internet should be where problems with a sale are resolved. Can the dealer be sued in some court in a faraway state where a customer claiming problems with the sale lives? Generally, courts around the country have split on this issue, some saying that
Dealership Real Estate Lease In VA
Common law gave a landlord a lien to sell abandoned personal property left on rented or leased premises by a former tenant to cover unpaid rent or damages to the property. Over the years, states have enacted statutes codifying the lien and including limitations. In Virginia, the statutes apply the lien to the tenant’s personal
Arbitration for Employees
While controversy about predispute arbitration provisions has centered on consumer agreements, be careful if you use predispute arbitration agreements for personnel matters. Employees frequently challenge the enforcement of those provisions, claiming they did not agree to arbitration. A business must be clear it is entering an arbitration agreement with an employee, and a recent case
Protect the Dealership from Losses
Overwhelmed by compliance demands on your dealership? You are not alone. Driven primarily by the increased aggressiveness of federal regulators, oversight of dealers can be daunting. It is time for compliance triage. Dictionary.com defines “triage” as “the determination of priorities for action in an emergency.” It is time to prioritize your obligations to get through