Alumicraft Filed Chapter 7 Bankruptcy

Sutton

Sutton

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Sutton said:

www.edhat.com

California-Based Off-Road Racing Vehicle Manufacturer Files for Chapter 7 Bankruptcy - edhat

Alumicraft LLC, the California-based off-road racing car maker, has filed for Chapter 7 bankruptcy in the Southern District of California.
www.edhat.com www.edhat.com

I know there is more to this story. Anyone have any more info than this?
Click to expand...
"The filing lists several legal proceedings involving Alumicraft, including a wrongful death case filed by the estate of Kuhnhenn in Multnomah County Circuit Court and two insurance-related cases involving State Farm."

Guessing those are the catalysts
 
When I ordered my new car two years ago Alumicraft was originally what I intended to build. As I did my diligence I got concerned about their financial stability and the pending lawsuit from the former owner. I was worried I would have a bunch of money tied up and they would go BK. Looks like my concerns were very real. I think they build a great car but I also couldn’t be happier with my new Funco.
 
Bummer to hear this about Alumicraft. If you like their cars check out Podium Fabrication. Brian worked at Alumicraft for a long time and left shortly after John sold it and Brian started Podium. He’s done lots of updates and repairs to Alumicrafts for customers. He has designed his own chassis now too. I think they have built 3 of them, and are building a class 10 car.

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I love Alumicraft !! Always Have - Quality - Fit and finish are INCREDIBLE !
 
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