Longtime litigator Halbert B. Rasmussen has seen the car dealership business change a fair bit over his more than four decades in the law.
"In the olden days, it was basically a certain number of local LA or Southern California families and individuals who practically owned all the dealerships," Rasmussen said, noting that many car dealerships started becoming publicly traded corporations in the mid-1990s.
"Now we have more and more private eq... (continued)