Hello
I was one of their customers who paid for a unit but never received it, ~$1800 in the hole.... Anyone in the same situation able to get a refund? I am from Michigan so small claims court not a good option..... Anyone know of a class action suit?....
Thanks
Peter
Cleaned my hangar up this week and wondered what to do with my old 600EXP? Toss it? Is it worth anything?
Tim Andres
Edit, sorry you got burned, I guess a lot of us did, at least I got some use from it.
I left mine on a bench at Oshkosh lol.... I wonder if anyone picked it up
What he said. BK proceedings automatically halt all other actions to collect, of any type (it's called the "automatic stay"). At this point, you can file a claim with the BK court and get a pro-rata share based on your claim amount and claim priority (some debts are senior to others, so they'll get paid first; hint, yours isn't one of the senior ones).If they filed BK then they are protected against legal action. Your only option is to file a claim with the court so if there are any funds to distribute, you will be in line (probably a long line) for some refund.
-Marc
That bit will probably survive and be bought up as an asset by ... somebody (likely a competitor), if they see the value in it. That's part of the BK process: identifying assets (including intellectual property) and liquidating them to provide cash to pay creditors. If the IP is that good, expect somebody to buy it up for integration into their own products.This whole thing is really a shame. There is absolutely elegant design in the Navworx products. BH
That bit will probably survive and be bought up as an asset by ... somebody (likely a competitor), if they see the value in it. If the IP is that good, expect somebody to buy it up for integration into their own products.