Mailing List lml@lancaironline.net Message #39281
From: Marvin Kaye <marv@lancaironline.net>
Subject: Re: [LML] Re: D2 Update part deux
Date: Fri, 05 Jan 2007 11:44:38 -0500
To: <lml>
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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