Hear, hear to Tony K.
It saddens me that this whole issue has happened and in any
administration/liquidation creditors get hurt. In this case the Europa is
more than the money and more than a washing machine or other chattel; it is
a passion, a desire, we want to feel it and fly in it and we cannot go to
another manufacturer and buy the same item with another brand name.
I feel for anyone who is short of parts (or complete aircraft) but having
been in Banking all my life I have seen this loss happen too often (not by
my actions (before anyone has a pop at Bank Managers!)).
With regard to the two factory aircraft, as they were mortgaged to
Slingsby it was up to them to place a value on them and take off their
preferential claim whatever they got for them. The value received does not
appear to have undermined anyone else other than Slingsby. I am just jealous
that I did not see the opportunity - good luck to the new owners.
Might I suggest that
1) Europa 2004 are given all the time and support we can give and
2) that we follow whatever legal process is required in the UK (as EMIL
was governed by UK Company law) to see what recovery can be had. Regrettably
I see little recourse (in view of the Limited Liability clause) other than
an explanation, which has not come forward so far.
I am sure we must have company lawyers in our midst who will know the
rules far better than me and could advise appropriately.
I, for one, am desperate to see the Europa name go on as I desperately try
to get my trigear flying after 6 years hard work.
My best wishes go out to all Europa people wherever and in whatever
circumstances you are.
Steve Pitt, #403 G-SMDH
----- Original Message -----
From: "Tony Krzyzewski" <tonyk@kaon.co.nz>
To: <europa-list@matronics.com>
Sent: Friday, September 24, 2004 1:20 AM
Subject: RE: Europa-List: Europa Partition and my Conscience.
>
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>>> I want a response to whether a partition is appropriate, where
> everyone including those outside the Europa Club can air their
> collective desire to partition Europa 2004 for the parts supply
> outstanding prior to our support. Simple, and fair.
>
> Fact: Europa 2004 is a completely different business entity from EMIL.
>
> Europa 2004 paid money to acquire some of the assets of EMIL but you
> cannot make any assumption that items such as customer records, computer
> systems and accounting records were part of that acquisition. Without
> the records, or as it seems, even an operational internet connection as
> of yet, I think it'd be very hard for Europa 2004 to send personalised
> emails let alone letters to existing customers.
>
> As with any company ceasing to trade and having its assets purchased by
> a new company, the new company has no responsibility for the losses of
> the previous company. This has been a business principal in most western
> countries for many years.
>
> I think that it's great that a bunch of people had enough faith in the
> Europa aircraft design to get together enough funds to be able to form a
> company. I have no doubt that some of these people have probably
> stretched their financial resources to get Europa 2004 up and running. I
> for one applaud their actions and intend supporting them in any way
> possible. Without our support Europa 2004 won't exist and we, as
> builders and owners of Europa aircraft, will be far worse off for it.
>
> Tony
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