Attached files
file | filename |
---|---|
EX-23.2 - EX-23.2 - John Deere Owner Trust 2017-B | d425956dex232.htm |
EX-8.1 - EX-8.1 - John Deere Owner Trust 2017-B | d425956dex81.htm |
EX-5.2 - EX-5.2 - John Deere Owner Trust 2017-B | d425956dex52.htm |
EX-5.1 - EX-5.1 - John Deere Owner Trust 2017-B | d425956dex51.htm |
8-K - FORM 8-K - John Deere Owner Trust 2017-B | d425956d8k.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. ORourke* Troy A. Howell* Diane M. Reinsch* Mikkie R. Schiltz* Diane E. Puthoff* Wendy S. Meyer* Ian J. Russell* Benjamin J. Patterson* Douglas R. Lindstrom, Jr.* Abbey C. Furlong* Samuel J. Skorepa* |
220 North Main Street, Suite 600 Davenport, Iowa 52801-1987 Telephone (563) 324-3246 Fax (563) 324-1616
Writers Direct Dial: (563) 333-6630 E-Mail Address: bmarshall@l-wlaw.com www.L-WLaw.com
July 18, 2017 |
Kurt P. Spurgeon* Joshua J. McIntyre* Brett R. Marshall* Kyle R. Day* Andrea D. Mason* Timothy B. Gulbranson* Trista M. Beise* Alex C. Barnett
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 |
JOHN DEERE CAPITAL CORPORATION | JOHN DEERE RECEIVABLES, INC. | |||
10587 Double R Boulevard, Suite 100 | 10587 Double R Boulevard, Suite 100 | |||
Reno, NV 89521 | Reno, NV 89521 | |||
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 | ||||
MUFG SECURITIES AMERICAS INC. | BARCLAYS CAPITAL INC. | |||
1221 Avenue of the Americas | 745 Seventh Avenue | |||
New York, NY 10020 | New York, NY 10019 | |||
CITIGROUP GLOBAL MARKETS INC. | TD SECURITIES (USA) LLC | |||
388 Greenwich Street | 31 West 52nd Street | |||
New York, NY 10013 | New York, NY 10019 | |||
CREDIT AGRICOLE SECURITIES (USA) INC. | ||||
1301 Avenue of the Americas | ||||
New York, NY 10019 |
RE: | REGISTRATION STATEMENT ON FORM SF-3 |
REGISTER JOHN DEERE OWNER TRUST 2017-B |
(the Registration Statement) |
Ladies and Gentlemen:
JOHN DEERE CAPITAL CORPORATION
JOHN DEERE RECEIVABLES, INC.
WELLS FARGO DELAWARE TRUST COMPANY, N.A.
U.S. BANK NATIONAL ASSOCIATION
MUFG SECURITIES AMERICAS INC.
BARCLAYS CAPITAL INC.
CITIGROUP GLOBAL MARKETS INC.
TD SECURITIES (USA) LLC
CREDIT AGRICOLE SECURITIES (USA) INC.
July 18, 2017
Page 2
We have acted as special Iowa tax counsel for John Deere Owner Trust 2017-B (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 July 18, 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, G and H thereto. The Certificates are to be issued substantially in the form of Exhibit A to the Trust Agreement dated July 17, 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 July 11, 2017 among John Deere Capital Corporation; JDRI; MUFG Securities Americas Inc.; Barclays Capital Inc; and Citigroup Global Markets Inc., 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.
JOHN DEERE CAPITAL CORPORATION
JOHN DEERE RECEIVABLES, INC.
WELLS FARGO DELAWARE TRUST COMPANY, N.A.
U.S. BANK NATIONAL ASSOCIATION
MUFG SECURITIES AMERICAS INC.
BARCLAYS CAPITAL INC.
CITIGROUP GLOBAL MARKETS INC.
TD SECURITIES (USA) LLC
CREDIT AGRICOLE SECURITIES (USA) INC.
July 18, 2017
Page 3
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.
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 |