Law Practice
Dec. 12, 2008
Teaming Up May Save Auto Sellers, Lawyer Says
With the nation's three large automakers on the brink of financial collapse, one Los Angeles lawyer is working on a creative approach to keep their dealerships running: consolidate them.
Daily Journal Staff Writer LOS ANGELES - With the nation's three large automakers on the brink of financial collapse, one local lawyer is working on a creative approach to keep their dealerships running: consolidate them. Aaron H. Jacoby at Venable in Los Angeles said consolidating competing dealerships into "stronger regional assets" could save money, keep workers employed and transform auto lots into shared-ownership ventures.
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