American Honda Motor Co Inc v. M&N Dealership VI LLC

CourtDistrict Court, W.D. Oklahoma
DecidedJuly 25, 2024
Docket5:24-cv-00165
StatusUnknown

This text of American Honda Motor Co Inc v. M&N Dealership VI LLC (American Honda Motor Co Inc v. M&N Dealership VI LLC) is published on Counsel Stack Legal Research, covering District Court, W.D. Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
American Honda Motor Co Inc v. M&N Dealership VI LLC, (W.D. Okla. 2024).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF OKLAHOMA

AMERICAN HONDA MOTOR CO., INC., ) ) Plaintiff, ) ) v. ) Case No. CIV-24-165-D ) M&N DEALERSHIPS VI, LLC, ) d/b/a 6TH AVENUE HONDA, ) ) Defendant. )

ORDER Before the Court is Defendant M&N Dealerships VI, LLC’s (“M&N”) Motion to Dismiss or Stay [Doc. No. 10]. Plaintiff American Honda Motor Co., Inc. (“American Honda”) filed a response in opposition [Doc. No. 11], to which M&N replied [Doc. No. 15]. The matter is fully briefed and at issue. BACKGROUND I. The parties Defendant M&N is a Stillwater, Oklahoma-based motor vehicle dealer that does business at two adjacent facilities—one a Honda dealership (“6th Avenue Honda”) and the other both a Hyundai dealership and Chrysler Dodge Jeep Ram dealership (“Barry Sanders Supercenter”). Relevant for purposes of the instant Motion, M&N—through 6th Avenue Honda—is an authorized Honda motor vehicle dealership. Plaintiff American Honda is a corporation that distributes new Honda motor vehicles, genuine parts, and accessories in the United States through an authorized dealer network. Because Oklahoma law prohibits vehicle distributors from selling new vehicles directly to consumers, American Honda relies on a network of authorized dealerships— such as 6th Avenue Honda—to sell and service Honda products throughout the United States.

II. The Dealer Agreement and Oklahoma statutory law As part of the aforementioned authorized dealership framework, American Honda and M&N entered into a Honda Dealer Sales and Service Agreement (“Dealer Agreement”) setting forth the agreement, terms, and conditions between the parties. Generally, the Dealer Agreement prohibits any change to M&N’s ownership or certain management-level

employees without American Honda’s prior written approval. Further, should M&N decide to transfer the ownership interest or assets of 6th Avenue Honda to a third party, the Dealer Agreement gives American Honda a right of first refusal or option to purchase the ownership interest or assets of the dealership on substantially the same terms and conditions as agreed to by M&N and the third party.

In addition to the Dealer Agreement, Okla. Stat. tit. 47, §§ 561 et seq. governs auto dealers, distributors, and manufacturers in Oklahoma. Of particular importance in this dispute, § 565(B) provides as follows: B. Notwithstanding the terms of any franchise agreement, in the event of a proposed sale or transfer of a dealership, the manufacturer or distributor shall be permitted to exercise a right of first refusal to acquire the assets or ownership interest of the dealer of the new motor vehicle dealership, if such sale or transfer is conditioned upon the manufacturer or dealer entering into a dealer agreement with the proposed new owner or transferee, only if all the following requirements are met: 1. To exercise its right of first refusal, the factory must notify the new motor vehicle dealer in writing within sixty (60) days of receipt of the completed proposal for the proposed sale transfer; 2. The exercise of the right of first refusal will result in the new motor vehicle dealer and the owner of the dealership receiving the same or greater consideration as they have contracted to receive in connection with the proposed change of ownership or transfer; 3. The proposed sale or transfer of the dealership does not involve the transfer or sale to a member or members of the family of one or more dealer owners, or to a qualified manager or a partnership or corporation controlled by such persons; and 4. The factory agrees to pay the reasonable expenses, including attorney fees which do not exceed the usual, customary, and reasonable fees charged for similar work done for other clients incurred by the proposed new owner and transferee prior to the exercise by the factory of its right of first refusal in negotiating and implementing the contract for the proposed sale or transfer of the dealership or dealership assets. Notwithstanding the foregoing, no payment of expenses and attorney fees shall be required if the proposed new dealer or transferee has not submitted or caused to be submitted an accounting of those expenses within thirty (30) days of receipt of the written request of the factory for such an accounting. The accounting may be requested by a factory before exercising its right of first refusal. Okla. Stat. tit. 47, § 565(B). III. The initial dispute, this case, and the OMVC proceeding In June 2023, M&N received an unsolicited offer to purchase all three of its dealerships (i.e., 6th Avenue Honda and Barry Sanders Supercenter), along with the associated real estate. Although M&N did not have the dealerships listed for sale, it accepted the offer based on the desire to entirely exit the market. In other words, M&N wished to sell all three of its dealerships, or none at all. With the understanding that it was selling all three dealerships, M&N and the third-party buyer executed a Dealer Asset Purchase Agreement (the “APA”) and Real Estate Purchase Agreement (the “REPA”). Shortly thereafter, American Honda demanded that M&N separate 6th Avenue Honda into its own standalone purchase agreement, and M&N agreed to do so.1 M&N and the buyer executed a new 6th Avenue Honda-specific APA and REPA (the “Honda APA”

and “Honda REPA”). But M&N maintained its position that it only wished to proceed with selling its dealerships on an all-or-nothing basis. In other words, although M&N agreed to separate 6th Avenue Honda into the standalone Honda APA and Honda REPA, it would only proceed with selling 6th Avenue Honda if it also sold Barry Sanders Supercenter. Therefore, the Honda APA included a provision that, in essence, made the closing of the

6th Avenue Honda transaction contingent on the closing of the Barry Sanders Supercenter transaction.2 After M&N and the third-party buyer executed a First Amendment to the Honda APA, a First Amendment to the Honda REPA, and a Second Amendment to the Honda REPA, American Honda gave notice, pursuant to § 19 of the Dealer Agreement and Okla.

Stat. tit. 47, § 565(B), that it was exercising its right of first refusal to purchase 6th Avenue Honda on substantially the same terms and conditions set forth in the First Amended Honda APA and the Second Amended Honda REPA. After receiving notice that American Honda intended to exercise its right of first refusal, M&N, relying on the contractual provision making closing of the 6th Avenue

1 American Honda maintains that the first iteration of the APA and REPA “prevented [it] from ascertaining the terms of the proposed sale of the dealership and related real estate, and impaired [its] ability to exercise its contractual and statutory rights, including its right of first refusal.” Compl. [Doc. No. 1], ¶ 14. 2 American Honda refers to this provision as a “poison pill” intended to “undermine American Honda’s right of first refusal . . . .” Id., ¶ 16. Honda transaction contingent on closing of the Barry Sanders Supercenter transaction, refused to separately sell 6th Avenue Honda while continuing to own and operate Barry Sanders Supercenter. M&N now has none of its three dealerships listed for sale and has

informed American Honda that it wishes to continue as the Honda dealership in the Stillwater market.3 On February 13, 2024, American Honda filed this action seeking a declaratory judgment regarding the parties’ respective rights and duties under the Dealer Agreement and Okla. Stat. tit. 47, § 565(B). American Honda also brings two breach of contract

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American Honda Motor Co Inc v. M&N Dealership VI LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/american-honda-motor-co-inc-v-mn-dealership-vi-llc-okwd-2024.