Attached files

file filename
EX-23.2 - EX-23.2 - John Deere Owner Trust 2018d518569dex232.htm
EX-8.1 - EX-8.1 - John Deere Owner Trust 2018d518569dex81.htm
EX-5.2 - EX-5.2 - John Deere Owner Trust 2018d518569dex52.htm
EX-5.1 - EX-5.1 - John Deere Owner Trust 2018d518569dex51.htm
8-K - FORM 8-K - John Deere Owner Trust 2018d518569d8k.htm

Exhibit 8.2

 

 

 

Joe R. Lane (1858-1931)    LOGO    Joshua J. McIntyre*
Charles M. Waterman (1847-1924)       Brett R. Marshall*
Terry M. Giebelstein*       Kyle R. Day*
Robert V. P. Waterman, Jr.*       Andrea D. Mason*
R. Scott Van Vooren*       Timothy B. Gulbranson*
Richard A. Davidson*   

220 North Main Street, Suite 600

Davenport, Iowa 52801-1953

Telephone (563) 324-3246

Fax (563) 324-1616

   Trista M. Beise*
Michael P. Byrne*       Alexander C. Barnett*
Edmund H. Carroll*       Gage G. Kensler
Theodore F. Olt III*       Eric M. Hartmann
Jeffrey B. Lang*      
Judith L. Herrmann*       Registered Patent Attorney
Robert B. McMonagle*       April A. Price*
Joseph C. Judge*      
Jason J. O’Rourke*   

Writer’s Direct Dial: (563) 333-6630

E-Mail Address: bmarshall@l-wlaw.com

www.L-WLaw.com

   Of Counsel
Troy A. Howell*       Robert A. Van Vooren*
Diane M. Reinsch*       Thomas N. Kamp
Mikkie R. Schiltz*       C. Dana Waterman III
Diane E. Puthoff*       Charles E. Miller
Wendy S. Meyer*       James A. Mezvinsky
Ian J. Russell*    February 28, 2018    David A. Dettmann
Benjamin J. Patterson*       Curtis E. Beason
Douglas R. Lindstrom, Jr.*      
Abbey C. Furlong*      

*  Also Admitted in Illinois

Samuel J. Skorepa*      
Kurt P. Spurgeon*       Illinois Office
      3551 7th Street, Suite 110
      Moline, IL 61265

 

JOHN DEERE CAPITAL CORPORATION    JOHN DEERE RECEIVABLES, INC.
10587 Double R. Blvd., Suite 100    10587 Double R. Blvd., 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
RBC CAPITAL MARKETS, LLC    BARCLAYS CAPITAL INC.
200 Vesey Street    745 Seventh Avenue
New York, NY 10281    New York, NY 10019
CREDIT AGRICOLE SECURITIES (USA) INC.    HSBC SECURITIES (USA) INC.
1301 Avenue of the Americas    452 Fifth Avenue
New York, NY 10019    New York, NY 10018

TD SECURITIES (USA) LLC

31 West 52nd Street

  
New York, NY 10019   

 

  RE: REGISTRATION STATEMENT ON FORM SF-3
    REGISTER JOHN DEERE OWNER TRUST 2018
    (the “Registration Statement”)


JOHN DEERE CAPITAL CORPORATION

JOHN DEERE RECEIVABLES, INC.

WELLS FARGO DELAWARE TRUST COMPANY, N.A.

U.S. BANK NATIONAL ASSOCIATION

RBC CAPITAL MARKETS, LLC

BARCLAYS CAPITAL INC.

CREDIT AGRICOLE SECURITIES (USA) INC.

HSBC SECURITIES (USA) INC.

TD SECURITIES (USA) LLC

February 28, 2018

Page 2

Ladies and Gentlemen:

We have acted as special Iowa tax counsel for John Deere Owner Trust 2018 (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 February 28, 2018, 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 February 27, 2018, 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 21, 2018 among JDRI; John Deere Capital Corporation; RBC Capital Markets, LLC; Barclays Capital Inc.; and Credit Agricole Securities (USA) 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.

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.


JOHN DEERE CAPITAL CORPORATION

JOHN DEERE RECEIVABLES, INC.

WELLS FARGO DELAWARE TRUST COMPANY, N.A.

U.S. BANK NATIONAL ASSOCIATION

RBC CAPITAL MARKETS, LLC

BARCLAYS CAPITAL INC.

CREDIT AGRICOLE SECURITIES (USA) INC.

HSBC SECURITIES (USA) INC.

TD SECURITIES (USA) LLC

February 28, 2018

Page 3

 

Very truly yours,
/s/ Lane & Waterman LLP
LANE & WATERMAN LLP