regular client access to senior expertise ensures a commercial and proactive … · 2018-09-21 ·...
TRANSCRIPT
togetherDealerships & Pitmans Law
Regular client access to senior expertise ensures a commercial and proactive service.
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Understanding dealerships
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Pitmans Law & Dealerships
• Legaladvisorsforthebiggestdealershipsaleforadecade
• Tier1rankedbyLegal500andChambers&Partners
• Cityqualitylawyersataregionalprice
• Greatpeopletoworkwith
Pitmanshasadeepunderstandingofthedealershipmarket.Weappreciatethepressureyoufacerunningabusinesswithinademandingandchangingframeworkofprocedures,incentivesandcontrolsfrommanufacturersandregulators.
Highvolumetargetaspirationsandstrictperformancemeasuresalsoaddtoyourmanagementburden.Withaftersalescompetitivepressurefromindependentstoo,yourdaytodayroleisfarfromeasy.
Andthenthere’sBrexitanditsuncertainty.Willbuyersthinktwicebeforechangingtheircars?Willyourworkforcetakeahit?Willfundingbereducedandprofitabilitydecline?Orwillthemarketproveresilientandshine?
Thepotentialforanewgenerationofsponsoreddealersraisesahostofnewissuesaroundfundingandtherelationshipbetweendealersandmanufacturers.AlternativeFuelVehiclesandchangingconsumerattitudestotheirtransportneedsarealsoprovidingdivergencetoyourever-changingworld.
Dealerships & Pitmans LawIntroduction
Relationships
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Building Longstanding Client Relationships
• WithcentresacrossthemiddleandsouthofEngland,RidgewayGroupisamulti-franchisedealer,offeringleadingnewandusedcars,vansandtrucks.Ridgewayhas12brandpartnershipsthrough30franchiseddealerships,includingAudi,BMWandJaguar.In2015,turnoverwas£722.6million
• InMay2016RidgewayGroupwasacquiredbyMarshallMotorHoldingsPLC.ThedealmadeMMHtheseventhlargestcardealershipintheUKwitha£2.2billionturnover
• Pitmansworkswithawiderangeofautomotiveclientsincludingdealerships,suppliers,manufacturersandmotorsports
• ClientsincludeBristolCars,Continental,FiatChrysler,Frazer-Nash,Marshalls,MagalEngineering,MercedesBenz,PorscheandSsangyong
• ArecentexampleofhowPitmansdevelopsrelationshipswithourdealershipclientsinvolvesRidgewayGroup.Overtwentyyearswe’vesupportedRidgeway’sexpansionfromstart-uptoexitviathelargestdealintheindustryforadecade
“The level of service has always been exemplary; they are fast to respond, proactive in approach and have a deep understanding of our firm due to a long-term relationship.”Legal500
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Corporateacquisitions
ofdealerships
Commercialproperty
freeholdandleasehold
acquisitions
Employmentdisputesand
TUPEcompliance
AcquisitionofJewsonSkoda,NewburyfromRiversonLimitedmanufacturers
AcquisitionofFaradayRover,NewburyfromCheyneMotors
AcquisitionofPentagonLimitedincludingcarshowroomsinTotton,Eastleigh,Poole,FarehamandChichesterandshowrooms/workshopsatPortsmouth,Andover,NurslingandWinchester
AcquisitionofBMWandMinifranchisesfromWoodGroup
AcquisitionofTriangleSpraysbusiness
AcquisitionofOxfordBusinessParksitetohousenewAudidealership
AcquisitionofParkviewSkoda,Reading
RidgewayacquisitionbyMarshallMotorHoldingsPlc
AcquisitionofAudimotorworlddealershipfromOxford,SwindonandGloucesterCo-operativeSociety
AcquisitionofHeritageAudi
AcquisitionofVWMotorworldfranchisefromMidcountiesCo-operativeAcquisitionofSwindonTradePartsbusiness
AcquisitionofSwindonTradePartsbusiness
AcquisitionofJaguar,OxfordfromSytner
AcquisitionofLandRover,OxfordfromHartwell
1999 2003 2005 2006 2007 2010 2012 2013 2016
Over the course of our relationship Pitmans has worked with Ridgeway to support its development from start to finish providing legal advice supporting the dealerships’ expansion including Oxford Audi, BMW Milton Park, JLR Milton Park and JLR Newbury.
Our servicesAwiderangeofhighqualitylegaladvisoryservicesprotectingyoureveryneed.Mergers and acquisitions
Property and planning: acquisition(subjecttoplanningandconstruction)andlandlordandtenantissues
Disposals, joint ventures and shareholder agreements
Arrangements and agreements:franchising,sponsorship,distribution,manufacturing,supply,employmentandoutsourcing
Commercial contracts: termsandconditions
Cybersecurity and data protection guidance
Disputes: HighCourtcasestoday-to-dayissuescoveringcommercial,debtrecovery,employment,fraud,insurance,productliabilityandproperty
Employment law: fromholidaypayissuestoimmigrationqueries
Environmental advisory: includingtradeeffluentlicensing
Finance and security issues: restructuringadvice,boardadviceandinsolvencyriskadvice
Intellectual property advisory
Pensions: schemeadvicefromdocumentationtocompliance
Regulatory guidance: consumerCreditAct,FSArules,SaleofgoodsandsupplyofgoodsandservicesActs
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Your team
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Pitmans People
• Trustedadvisorsprovidingpracticalandpreciseadvice,fast
• Acentralisedservicemanagedthroughyourdedicatedrelationshippartner
• Ourautomotiveteamblendsmergerandacquisitionexpertswithemploymentlawyers,pensionsadvisoryspecialists,propertyacquisitionsandplanninglawyersaswellasinsolvencyandrestructuringlitigators
• IndependentclientfeedbackandlisteningprogrammethroughPitmansdedicatedclientrelationshipsmanagementteam
Stephanie Perry Corporate
D01189570432
M07825219437
Suzanne Brooker Restructuring,Insolvency&Litigation
D01189570516
M07702894063
John Hutchinson RelationshipLeader
D01189570444
M07769932539
Stephanieisaspecialistinbusinessandcompanyacquisitionsanddisposals,privateequityinvestment,shareholderagreementsandjointventurearrangements,andemployeeshareschemesandincentives.
Shealsodealswithcorporatebankingandacquisitionfinanceandbankfundingpaperwork.StephaniehasvastexperienceintheautomotiveindustryandhasworkedwithRidgeway,Porscheandnumerousothermotorclients.ShejoinedPitmansin1995.
SuzanneisHeadofPitmansInsolvencyandRestructuringteamandadvisesonallaspectsofcorporaterestructuringforstakeholders,suppliers,customersandlandlords.Shealsodealswithrefinancingandlitigation,resolvingcommercial,fraud,insurance,employmentandpropertyrelateddisputes.
SuzannehasworkedwithMercedesBenz,JaguarLandrover,MagalEngineering,MarshallMotorsandRidgeway.SuzannebecameDeputyManagingPartnerin2015.
SuzanneisamemberoftheILA,theIPAandInsolEurope.SheisalsotheregionalcoordinatoroftheTurnaroundManagementAssociationfortheThamesValleyandamemberoftheR3ThamesValleyregionalcommittee.SuzanneisanapprovedprovidertotheSolicitorsAssistanceSchemeoninsolvency,restructuringandregulatorymatters.
SuzanneisalsotheDeputyManagingPartnerofPitmanssohastheadditionalcommercialskillsofrunningabusiness,enhancingtheserviceaffordedtoclients.
Johnspecialisesincorporatelaw,includingacquisitionsanddisposals,MBOsandMBIs,M&As,AIMIPOs,privateequityandbankingwork.
JohnhasworkedwithanumberofmotorclientsincludingBentley,BMW,JaguarLandrover,Ssangyong,MarshallMotorsandPorsche.JohnwastheleadpartnerontheacquisitionofRidgewaybyMarshallMotors,havingworkedwithRidgewaysincetheyfirstformed20yearsago.
JohntookontheroleofManagingPartnerin2015.
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Chris Netiatis Pensions
D02076344659
M07825219430
Delphine Mehouas PropertyAcquisitions
D01189570353
M07793554279
Christina Daniels PropertyPlanning
D01189570322
M07912080543
Chrisadvisesemployersandtrusteesonallaspectsofpensionslaw,includinggroupreorganisationsandmergers,schemedesignandclosure,PensionsandFinanceActsmatters,agediscriminationandclearance.
Chrisalsoadvisesoncontentiouspensionsmattersincludingprofessionalnegligenceclaimsanddisputesbetweentrusteesandsponsoringemployers.
Chrishasadvisedonanumberofautomotivepensionschemes,includingtheFiatChryslerandContinentalschemes.HehasbeenwithPitmanssince2006.
Delphinespecialisesincommercialproperty,providingunrivalledexpertiseonacquisitionsanddisposals;landlordandtenantadvice,contractsandoptions,strategiclandpurchase,conditionalagreements,leasedraftingandnegotiation,andsecuredlending.DelphineworkedwithRidgewayfor20years.
DelphinejoinedPitmansasatrainee,qualifyingin1999.
ChristinaisHeadofthePlanningdepartment.Sheadvisesonstrategicplanningmatters,submissionofplanningapplications,planningappeals,andjudicialreviewapplicationstogetherwiththedraftingandnegotiationofS106agreementsandinfrastructureagreements.ChristinaalsoconductsEnvironmentalImpactAssessmentstoassesspotentialimpactandliabilities.
ChristinapreviouslyworkedasaseniorassociateforDACBeachcroft.
Philip Weaver Commercial
D01189570441
M07979903933
Angela Shields Employment
D01189570450
M07881951362
Philipprovidesexpertiseoncommercialcontractsandtermsandconditions,aswellasagreementsandlicensesfordistribution,franchisingandmanufacturing.Philipisanexperiencedadviserofoutsourcingagreementsanddataprotection,informationsecurityandintellectualpropertycompliance.
PhiliphasbeenacorporateandcommercialpartneratPitmanssince1997.HehasworkedwithPorscheforovertenyears.
Angeladealswithallaspectsofemploymentlaw,includingbusinessreorganisations,disciplineandgrievances,settlementagreements,holidaypayissuesandseverancepackages.Sheadvisesonemploymentdisputesincludingunfairdismissal,whistleblowinganddiscrimination,andalsoprovidescorporatetransactionalsupportfromtheemploymentside.
AngelaworkedwithRidgewaysinceshejoinedPitmansin2002.
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Value• Cityqualitylawyers,regionalvalue
• Loweroverheads,feesflexibility,nohiddensurprises
• Thecertaintyoffixedfeesbasedonatransparentprojectscoping,agreedwithyou
• Usingtechnologytodriveefficiencies:documentmanagementsystems,dataroomsandextranets
“A team of consummate lawyers who have a remarkable depth of knowledge and experience.”Legal500Legal500&Chambers&Partners
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About Pitmans
“They are enthusiastic, responsive, diligent and tactically and commercially switched on. As importantly as all of that, they are thoroughly good guys with whom we have a great working relationship.”
REG
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CIT
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1860FOUNDED
200PEOPLE
35PARTNERS LOCATIONS
HQ, READING, LONDONAND SOUTHAMPTON
SE R
VI C
E SS EC TO
RS
R E C O
GN
I TI O
NI NT
E RN
AT I O N A L
BankingCharities&NotforProfitEnergyHospitalityInsuranceLifeSciencesRealEstateRetailTMTTransport
ThefoundingUKmemberfirmofthegloballegalnetwork,InteractLaw
Banking&FinanceCommercialCorporateDebtRecoveryDisputeResolutionEmploymentInsuranceIntellectualPropertyMatrimonial&Family
PensionsRealEstateRestructuring&InsolvencyWills,Tax&Trusts
Tier1Ranked
Top150LawFirm
RegionalHeavyweight
Lawyer200StarPerformer
25Practiceareas“RankedHighly”bylegal500
13Areasofexpertise
10Sectorspecialisms
Over25firmsworldwide
Award winnersLawyer of the year
Law Firm of the Year
Lex 100 Best Work/ Life Balance
21 Individuals“Recommended”byChambers
Why Pitmans?• Unique,deepunderstandingofthedealerships
market
• StrongM&Adealershipclientcredentials
• Tier1,robust,legaladvisory
• Commercial,practical,responsive
• Cityqualitylawyers,regionalvalue
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pitmans.com
Contact
John HutchinsonE [email protected]
D01189570444
M07769932539
Stephanie PerryE [email protected]
D01189570432
M07825219437
Why Pitmans? “Pitmans LLP’s team is excellent, timely and efficient with high-quality partners who excel. [They] take a pragmatic approach, identify risks and deliver appropriate advice.”Chambers&Partners
pitmans.com
WithPitmansLawyoucanbeassuredofthequalityofadviceandserviceyoudemandfromacitylawfirm–butwithadistinction.Thecouragetostandapart,tothinkandactpersonably,withanuncompromisingfocusonachievingoutstandingclientoutcomes.Wesaywhatwemean,matchingourbehaviourstoourwords.Establishedforover150years,PitmansLawisheadquarteredinReadingwithofficesinLondonandSouthampton.Theloweroverheadsofaregionalofficeensurewecanprovidecityqualitylegaladviceatacompetitivepricetodeliverexceptionalvalueforourcorporateandprivateclientslocally,nationallyandinternationally.
Pitmansprovideslegaladvicetoaddressourclients’needsacrossawiderangeofindustrysectorsandspecialismsincludingparticularlystrongspecialistteamsinpensionsadvisory,realestate,disputeresolutionaswellascorporateandcommerciallaw.OurclientsdrawconfidencefromthetoptierrecognitionPitmansachievesintheindustrybenchmarkingdirectories,Legal500andChambersUK.
Contact usT +44(0)3452229222E [email protected]
Reading, London, SouthamptonPitmansLawisthefoundingUKmemberfirmofthegloballegalnetwork,InteractLaw.