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Re: [TR] Karmann declares bankruptcy

To: "'Blake J. Discher'" <bdischer.lists@blakedischer.com>, "'Vance
Subject: Re: [TR] Karmann declares bankruptcy
From: "Randall" <tr3driver@ca.rr.com>
Date: Wed, 8 Apr 2009 14:54:58 -0700
> Sad news, the industry is getting smaller indeed.  I snooped around
> the Karmann site, it's in German so I didn't see much except for this
> very cool photo of a TR6.  

This link gives a (rather poor) English translation of the announcement:
http://tinyurl.com/c3tw9k

As I read it, looks like basically a Chapter-11 style bankruptcy, with the
company seeking court protection from creditors but planning to continue
operating and presumably making efforts to pay off their debts.

-- Randall 
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