Statement by Jim Cole, General Counsel of Republic Industries, in Response to A Request for a Preliminary Injunction Filed Today by Honda
25 August 1997
Statement by Jim Cole, General Counsel of Republic Industries, in Response to A Request for a Preliminary Injunction Filed Today by HondaFORT LAUDERDALE, Fla., Aug. 25 -- The following statement is attributable to Jim Cole, general counsel of Republic Industries , in response to a request for a preliminary injunction filed today by Honda : "Honda is simply engaging in another frivolous request. Federal court is the wrong venue for an issue clearly regulated by state laws, and Honda knows it." "Last Thursday, 23 former state attorneys general stated that state franchise laws clearly support Republic's right to make these acquisitions." "Speaking on behalf of the group, former Illinois Attorney General Neil Hartigan said, 'The state franchise laws were designed to protect consumers and dealers from overreaching auto manufacturers. Car dealers have the right to sell their businesses to a qualified buyer; Republic is a qualified buyer; and therefore has the right to acquire dealerships.'" SOURCE Republic Industries