Automotive

FSP's highly experienced Automotive group is situated in the heart of the automotive industry.

Overview

The members of our Automotive group have many years legal experience in advising national and international automotive clients including motor vehicle manufacturers, multi-site dealerships, national parts suppliers, finance companies, fleet hire companies, and F1 Teams.

The group comprises solicitors from our corporate, banking and finance, commercial real estate, employment, regulatory and dispute resolution teams all of whom have specialist experience in advising on the legal issues relevant to the automotive industry.

“Field Seymour Parkes are extremely approachable, they fully understood our objectives and gave clear, concise and relevant advice. In addition, they made a very dry subject interesting and we have recommended them to other motor finance companies.”

Sharon Connolly, Manager – Wholesale Support, Honda Finance Europe Plc

Featured experience

Acquisitions and Disposals

Acting for a nationwide supplier in the automotive industry on all acquisitions and disposals since 2009, most notably the acquisition of a 770,000sq. ft distribution hub.

Working with the corporate team on the property issues relating to the acquisition of a multi-site franchised dealership for £10m and advising a multi-site franchise on its showroom lease extensions and bodyshop land leases.

Wholesale Finance Documents

Preparing a new suite of wholesale finance and security documents regulating the commercial relationships between the finance company of an international vehicle manufacturer and its dealers for new, registered and used motor vehicles.Breach of Finance Lease Documents

Acting for a large fleet-hirer of motor vehicles who supplied circa 150 vehicles to a third party company on various types of finance agreements. Various legal actions followed to recover the vehicles including injunctions and a search and seizure order.

Regulatory

Advising a vehicle manufacturer on the legal implications of various regulatory issues relating to technological advancements they wanted to incorporate into their vehicles.