Music Ground go into liquidation

[Rich H]

deleted

[Cliff Schecht]

*is excited*

[da Geezer]

http://www.yorkshireeveningpost.co.uk/n ... 6675871.jp

[Rich H]

deleted

[selloutrr]

http://www.yorkshireeveningpost.co.uk/n ... 6675871.jp

Interesting!
It's going to be hard to dirently link them to the guitars unless they orginized the robbery. It's not easy to track stollen guitars outside of your state let alone country. Probably the best they can hope for is a clue as to where the guitars are. I'm sure insurance has cut a check for the owner, if they where smart enough to insure them.
The shame is the bad cloud that will hang over those two and the shops they own. It'll be interesting to see how it all pans out.

[paulster]

The shame is the bad cloud that will hang over those two and the shops they own.

Believe me, that's not a shame.

[damages]

The BBC have picked up the story as the saga unfolds

http://www.bbc.co.uk/news/uk-england-br ... e-12782616

http://www.westyorkshire.police.uk/Docu ... appeal.pdf

[Rich H]

There's a big difference between shooting yourself in the foot and being stabbed in the back.

[Amberden]

Does anyone have any info?

It seems that they've just relaunched as Music Inc.

what happens a lot at least here in the USA, a company will have gigantic debts and file for bankruptcy to avoid debtors and just reopen under a completely new name. they expect to just bury the debt as though it never existed and just start anew.

problem is, most likely the people who lead the company into the gallows are still in charge of everything and if nothing has changed they are destined to repeat themselves.

in the early 20s lost of movies were made in NILES CA and the bounce on millions of $$$ in taxes and started Hollywoodland. same sort of thing different type of business.

[Micky H]

Receivers due today for hiwatt /JMI I was at factory two weeks ago and it seemed odd nothing was going on,just a few unfinnished cabs. Told of bad news at weekend. Just wonder if anyone comes in to take name on.

[C Moore]

I thought those guys were in prison.?