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In Raceway Ford Cases, the California Supreme Court found that a car dealer did not violate the AFSA in backdating a RISC to the date of sale when financing could not be found after a spot-delivery. The Automobile Sales Finance Act (ASFA), also known as the Rees-Levering Motor Vehicle Sales and Finance Act (Civ. Code, § 2981 et seq.) is… Read More

In Raceway Ford Cases, --- Cal.Rptr.3d ----, 2014 WL 4589808 (Cal.App. 4 Dist. 2014), the Court of Appeal reversed the trial court's finding in favor of defendant car dealer as to backdating claims, but remanded to the trial court to determine whether the action could still be maintained as a class action.  The Court of Appeal's decision is important because of its… Read More