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Old 03-10-2009
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tonylop33 tonylop33 is offline
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Join Date: Jun 2008
Location: Northern California
Posts: 478
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Quote:
Originally Posted by awayne View Post
Alrighty... So when you are buying something from any of the 3 brands who are you buying from... MJ? Basically they got the 3 brands and no debt but "Saleen Inc" kept there name and the debt and now went BK and screwed all the owners of current vehicles?

If this is true, I wouldn't say that MJ is the victim since they knew what they wanted in the deal but they should have expected the Saleen Inc would be going BK very soon based on all the layoffs and such.
Or they were told and contracts were written such the Hankcock Park agreed to cover all claims prior to the date of sale and then they failed to live up to the bargain.
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Prior Mustangs
2007 Saleen Parnelli Jones #384
1989 Saleen Hatchback #302
1970 Coupe
1968 Shelby GT 350