We have had encouraging results lately in settling cases where Nextgear Capital Corporation sued our clients.  Nextgear filed summary judgment motions in over 40 of our cases in October and November 2019, and since that time we have been systematically trying to resolve these cases, and we’ve gotten through most of them. Quite frankly in […]

I have been receiving a rash of complaints lately from Wholesale auto and truck sellers who floorplanned with Nextgear. It seems the Nextgear model of requiring periodic inventory checks at the dealer’s place of business doesn’t mesh with typical wholesaling practice where vehicles are physically located in warehouses or out on consignment.  This has the […]

We just completed an analysis of two months of suits filed by Nextgear Capital, Inc. in Hamilton County, Indiana. Nextgear filed 127 cases.  Of those cases, only 9 defendants hired an attorney. Six hired an assortment of other attorneys, and three hired us.  Only seven percent of Nextgear defendants hired an attorney. Of the cases […]

I have fielded a number of complaints about the interaction between dealer floorplanning company Nextgear Capital and Manheim Auctions.  Both Nextgear and Manheim are units of Cox Enterprises, Inc. To give you some perspectives: in the modern-day car business, buying and selling vehicles at auctions is essential.  Because of the marketplace nature of auctions, once […]

Many car dealers and guarantors of auto floorplan loans are sued in Indiana by Nextgear Capital, Inc.  Most of the people sued don’t know how to defend themeselves.  Some think that just because the dealership owes money on the loan, there is nothing they can do. This is not necessarily the case, and this is […]