Attached files

file filename
EX-23.2 - EX-23.2 - John Deere Owner Trust 2017d357409dex232.htm
EX-8.1 - EX-8.1 - John Deere Owner Trust 2017d357409dex81.htm
EX-5.2 - EX-5.2 - John Deere Owner Trust 2017d357409dex52.htm
EX-5.1 - EX-5.1 - John Deere Owner Trust 2017d357409dex51.htm
8-K - 8-K - John Deere Owner Trust 2017d357409d8k.htm

Exhibit 8.2

 

 

Joe R. Lane (1858-1931)

Charles M. Waterman (1847-1924)

Terry M. Giebelstein*

Curtis E. Beason

Robert V. P. Waterman, Jr.*

R. Scott Van Vooren*

Richard A. Davidson*

Michael P. Byrne*

Edmund H. Carroll*

Theodore F. Olt III*

Jeffrey B. Lang*

Judith L. Herrmann*

Robert B. McMonagle*

Christopher J. Curran*

Joseph C. Judge*

Jason J. O’Rourke*

Troy A. Howell*

Diane M. Reinsch*

Catherine E. E. Hult*

Mikkie R. Schiltz*

Diane E. Puthoff*

Wendy S. Meyer*

Ian J. Russell*

Benjamin J. Patterson*

Douglas R. Lindstrom, Jr.*

Abbey C. Furlong*

  

LOGO

 

                                                     

  

 


Samuel J. Skorepa*

Kurt P. Spurgeon*

Joshua J. McIntyre*

Brett R. Marshall*

Kyle R. Day*

Andrea D. Mason*

Timothy B. Gulbranson*

Trista M. Beise

 

Registered Patent Attorney

April A. Price*

 

Of Counsel

Robert A. Van Vooren*

Thomas N. Kamp

C. Dana Waterman III

Charles E. Miller*

James A. Mezvinsky

David A. Dettmann*

Jeffrey W. Paul

 

*  Also Admitted in Illinois

 

Illinois Office

3551 7th Street, Suite 110

Moline, IL 61265

     
     
     
     
     
     
     
   220 North Main Street, Suite 600   
   Davenport, Iowa 52801-1987   
   Telephone (563) 324-3246   
   Fax (563) 324-1616   
     
   Writer’s Direct Dial: (563) 333-6630   
   E-Mail Address: bmarshall@l-wlaw.com   
   www.L-WLaw.com   
     
   March 2, 2017   
     
     
     
     
     
     

 

JOHN DEERE CAPITAL CORPORATION    JOHN DEERE RECEIVABLES, INC.
1 East First Street, Suite 600    1 East First Street, Suite 600
Reno, NV 89501    Reno, NV 89501
Attention: Manager    Attention: Manager
WELLS FARGO DELAWARE TRUST    U.S. BANK NATIONAL ASSOCIATION
COMPANY, N.A.    190 South LaSalle Street, 7th Floor
919 North Market Street, Suite 1600    Mail Code MK-IL-SL7R
Wilmington, DE 19801    Chicago, IL 60603
   Attention: Corporate Trust Administration
MERRILL LYNCH, PIERCE, FENNER    HSBC SECURITIES (USA) INC.
& SMITH INCORPORATED    452 Fifth Avenue
One Bryant Park    New York, NY 10018
New York, NY 10036   
CREDIT AGRICOLE SECURITIES (USA) INC.    RBC CAPITAL MARKETS, LLC
1301 Avenue of the Americas    200 Vesey Street
New York, NY 10019    New York, NY 10281
TD SECURITIES (USA) LLC   
31 West 52nd Street   
New York, NY 10019   

 

  RE: REGISTRATION STATEMENT ON FORM SF-3

REGISTER JOHN DEERE OWNER TRUST 2017

(the “Registration Statement”)


JOHN DEERE CAPITAL CORPORATION

JOHN DEERE RECEIVABLES, INC.

WELLS FARGO DELAWARE TRUST COMPANY, N.A.

U.S. BANK NATIONAL ASSOCIATION

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

HSBC SECURITIES (USA) INC.

CREDIT AGRICOLE SECURITIES (USA) INC.

RBC CAPITAL MARKETS, LLC

TD SECURITIES (USA) LLC

March 2, 2017

Page 2

 

Ladies and Gentlemen:

We have acted as special Iowa tax counsel for John Deere Owner Trust 2017 (the “Trust”) and John Deere Receivables, Inc., a Nevada corporation (“JDRI”), in connection with the Registration Statement on Form SF-3, as amended (the “Registration Statement”), filed by JDRI on behalf of the Trust with the Securities and Exchange Commission under the Securities Act of 1933, as amended, with respect to the issuance by the Trust of Asset Backed Notes (the “Notes”) and Asset Backed Certificates (the “Certificates”). The Notes are to be issued pursuant to an Indenture dated as of March 2, 2017, between the Trust and U.S. Bank National Association, a national banking association (“Indenture Trustee”), substantially in the form of Exhibits “D”, “E”, “F” and “G” thereto. The Certificates are to be issued substantially in the form of Exhibit “A” to the Trust Agreement dated March 1, 2017, between Wells Fargo Delaware Trust Company, N.A., as Owner Trustee, and JDRI, as Depositor. Capitalized terms used but not defined herein shall have the respective meanings ascribed to them in the Underwriting Agreement dated February 22, 2017 among JDRI; John Deere Capital Corporation; Merrill Lynch, Pierce, Fenner & Smith Incorporated; HSBC Securities (USA) Inc.; and RBC Capital Markets, LLC, on their own behalf and as representatives of the underwriters named therein.

In connection with this opinion, we have examined originals or copies, certified or otherwise identified to our satisfaction, of (i) the Registration Statement; (ii) the Prospectus included in the Registration Statement; (iii) the Preliminary Prospectus included in the Registration Statement; (iv) the Indenture; (v) the Trust Agreement; (vi) the Sale and Servicing Agreement; (vii) the Administration Agreement; (viii) the Asset Representations Review Agreement; and (ix) the Purchase Agreement (collectively the “Documents”). As to any facts material to the opinion expressed herein, we have relied solely upon the factual matters contained in the representations and statements made in the Documents and we have not independently established or verified their accuracy. We have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified or photostatic copies and the authenticity of the originals of such copies. We have also assumed the due execution and delivery pursuant to due authorization by each of the entities party to the Documents.

We are members of the Bar of the State of Iowa, and we express no opinion as to the laws of any jurisdiction other than the laws of the United States of America and the State of Iowa.

We hereby confirm that the statements set forth in the Preliminary Prospectus and the Prospectus forming a part of the Registration Statement under the caption “CERTAIN IOWA TAX CONSIDERATIONS” accurately describe the material Iowa income tax consequences to holders of the offered Notes and the Certificates.


JOHN DEERE CAPITAL CORPORATION

JOHN DEERE RECEIVABLES, INC.

WELLS FARGO DELAWARE TRUST COMPANY, N.A.

U.S. BANK NATIONAL ASSOCIATION

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

HSBC SECURITIES (USA) INC.

CREDIT AGRICOLE SECURITIES (USA) INC.

RBC CAPITAL MARKETS, LLC

TD SECURITIES (USA) LLC

March 2, 2017

Page 3

 

We know that we are referred to under the headings “CERTAIN IOWA TAX CONSIDERATIONS” and “LEGAL OPINIONS” in the Preliminary Prospectus and the Prospectus and we hereby consent to the use of our name therein.

 

Very truly yours,

/s/ Lane & Waterman LLP

LANE & WATERMAN LLP