Law and Rights
On March 5, 2009 Monaco Coach Company filed a chapter 11 bankruptcy in its home state of Delaware.
The entities that appear to be covered by the bankruptcy look like Signature Motorcoach Resorts, Inc., MCC Acquisition Corp.: Signature Resorts, Naples Motorcoach Resort, Inc., Outdoor Resorts of Naples, Inc., Port of the Isles Motorcoach Resort, Inc., Outdoor Resorts of Las Vegas, Inc., Signature Resorts of Las Vegas, Outdoor Resorts Motorcoach Country Club, Inc., Signature Resorts Motorcoach Country Club, Signature Resorts of Michigan, Inc., Signature Motorcoach Resort at Bay Harbor, La Quinta Motorcoach Resorts, Inc., R-Vision Holdings, LLC, R-Vision, Inc., R-Vision, Trail-Lite, R-Vision Motorized LLC, Bison Manufacturing, LLC, Bison Trailers, Bison Horse Trailers, Roadmaster LLC, Roadmaster Trailers.
Additional names listed for Monaco Coach Company include Holiday Rambler, Holiday Towables, Safari, Beaver, McKenzie Towables, McKenzie, Roadmaster Chassis, Nappanee Wood Products, Holiday Graphics, Salmon Acquisition, Inc., SMC Corp., Electronic Desgin and Assembly, INc., Safari Motor Coaches, Inc., Beaver Motor Coaches, Inc., Magnum Manufacturing, Inc., Royale Coach and Harney County Operations, Inc., among others.
The bankruptcy case and filings can be monitored at this website: http://omnimgt.com/Public/files/frmMainCase.aspx?cboclient=854
Having filed bankruptcy now, no creditor is allowed to file any lawsuits against the company and all its assets are under the ultimate control of the bankruptcy court although for now Monaco is a "debtor in possession" which means they are still running their business but under the protections given by the federal bankruptcy law.
If you own a vehicle manufactured by Monaco or one of its corporations or divisions involved in the bankruptcy, and are still covered by the new vehicle warranty and have defects, you should talk to an attorney before doing anything so you can be sure you understand your rights, remedies and obligations.
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Law and Rights
Monaco Coach Files Bankruptcy
On March 5, 2009 Monaco Coach Company filed a chapter 11 bankruptcy in its home state of Delaware.
The entities that appear to be covered by the bankruptcy look like Signature Motorcoach Resorts, Inc., MCC Acquisition Corp.: Signature Resorts, Naples Motorcoach Resort, Inc., Outdoor Resorts of Naples, Inc., Port of the Isles Motorcoach Resort, Inc., Outdoor Resorts of Las Vegas, Inc., Signature Resorts of Las Vegas, Outdoor Resorts Motorcoach Country Club, Inc., Signature Resorts Motorcoach Country Club, Signature Resorts of Michigan, Inc., Signature Motorcoach Resort at Bay Harbor, La Quinta Motorcoach Resorts, Inc., R-Vision Holdings, LLC, R-Vision, Inc., R-Vision, Trail-Lite, R-Vision Motorized LLC, Bison Manufacturing, LLC, Bison Trailers, Bison Horse Trailers, Roadmaster LLC, Roadmaster Trailers.
Additional names listed for Monaco Coach Company include Holiday Rambler, Holiday Towables, Safari, Beaver, McKenzie Towables, McKenzie, Roadmaster Chassis, Nappanee Wood Products, Holiday Graphics, Salmon Acquisition, Inc., SMC Corp., Electronic Desgin and Assembly, INc., Safari Motor Coaches, Inc., Beaver Motor Coaches, Inc., Magnum Manufacturing, Inc., Royale Coach and Harney County Operations, Inc., among others.
The bankruptcy case and filings can be monitored at this website: http://omnimgt.com/Public/files/frmMainCase.aspx?cboclient=854
Having filed bankruptcy now, no creditor is allowed to file any lawsuits against the company and all its assets are under the ultimate control of the bankruptcy court although for now Monaco is a "debtor in possession" which means they are still running their business but under the protections given by the federal bankruptcy law.
If you own a vehicle manufactured by Monaco or one of its corporations or divisions involved in the bankruptcy, and are still covered by the new vehicle warranty and have defects, you should talk to an attorney before doing anything so you can be sure you understand your rights, remedies and obligations.
Burdge Law Office
http://www.rvlemonlaw.com/
Helping consumers get rid of lemon motorhomes since 1978.
http://www.rvlemonlaw.com/
Helping consumers get rid of lemon motorhomes since 1978.
Subscribe in a reader- Navistar To Buy Monaco Coach ?
700 Monaco Coach shareholders are likely stuck holding an empty bag of shares of stock after the company terminated them and filed for bankruptcy in March. Everyone agrees the stock has become virtually worthless. When there's a bankruptcy, shareholders...
- Rv Industry Collapsing ?
Last year several Rv builders went out of business and this year things aren't looking any better. So far, Country Coach, Monaco Coach and Fleetwood have all filed bankruptcy (of one kind or another). Who's next? That's become the name of...
- More Rv Companies Bite The Dust
2008 was a bad year for the Rv industry. Some companies merged, sold off assets, closed or filed for bankruptcy protection. If you're thinking of buying a motorhome, you need to be careful of the viability of the builder to stand behind their product....
- Danger Of Bankruptcy
Whether Detroit's Big 3 get their bailout or not, consumers need to know what it can mean to them when a business files bankruptcy on their claim or their lawsuit. Recent reports of the bad economy undoubtedly worry consumers about the risk that the...
- National Rv Files Bankruptcy
If you own a National RV motorhome still covered by warranty, you've got trouble. The day after the "National Rv Trade Show" came to an end in Louisville, factory reps from all over the country packed their bags and headed home. Things were different...