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Posted for "Chatfield S. Daniel" <csdaniel@FNBSouth.com>:
Gentlemen,
I am a banker by trade and even though I am not a lawyer, I have had way
too much practical experience in problems with businesses going under.
My opinion of this situation is based on that experience. It appears
that D2A is out of business...it appears that they are insolvent even
though at this point they have not declared bankruptcy. If D2A owes you
money or equipment...you are going to lose. Chelton is a supplier for
D2A not an owner or guarantor. I would bet that D2A owes Chelton money
which it will also lose. You can not expect Chelton, Kirk, Pinpoint,
FreeFlight, Hilary Clinton or the government to bail you out. If you
have a panel builder like Lancair Avionics in the middle...you are
lucky. If you have a small independent panel builder in the middle, he
is probably liable, but I would suggest you consider compromise. I am
lucky in that I received all of my equipment several months ago,
(Pinpoint ADAHRS and MSU and AOT and FreeFlight) it is installed, and
works great.
I had a good relationship with D2A and I hate to see them go under...but
it happens. Kirk and his crew lost a lot more than you did.
Chat Daniel
Super ES 891AC
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