January 13, 2016- NEW Auction Scheduled for EBR

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I was just reading on badweather and Bruce said he will be there and is not leaving empty handed...but a S&S buell would be nice! Just hope someone gets them back up and producing bikes!
 
The last sentence is good news for a resurrection. People are fighting to keep EBR in one piece.:up:

"Since the Dec. 14 hearing, 13 letters have been filed with the court objecting to the sale. Many of the letters specifically object to the sale being to a liquidation company, according to court records."
 
Unfortunately gentlemen it's loud and clear that Liquid Assets Partners got EBR according to the Milwaukee journal. Sad, I truly don't believe they have any interest in producing motorcycles. Keep praying maybe and see what else comes of this and what their intents are. Sorry for the bad news guys.....
 
"At today's auction, where 3 bidders participated, AMG and our finance partner, Tiger Capital Group, matched the top bid by Liquid Asset Partners at $2.05 million. The decision as to who wins, and whether EBR lives or is liquidated, now rests with the Court. See you there, bright and early.

Never Quit."

^ quoted, BB.
 
d_adams said:
"At today's auction, where 3 bidders participated, AMG and our finance partner, Tiger Capital Group, matched the top bid by Liquid Asset Partners at $2.05 million. The decision as to who wins, and whether EBR lives or is liquidated, now rests with the Court. See you there, bright and early.

Never Quit."

^ quoted, BB.
Click to expand...

Well Dean that's great news but the news article didn't mention any of that. Thanks for clarifying and good luck Bruce. Dean please keep us posted.
 
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I hesitate to post because this is all a bit of high school he said/she said bull ****, but it's winter and some of us need something cycle related to keep our days exciting at 5 degrees and a foot of snow....

12549128_10154467011883572_8044693579159891673_n.jpg


from badweb; no other info known as this was passed from someone at the courthouse to another. And these are the days of our lives.......
 
An encouraging article: http://www.jsonline.com/business/ne...ld-make-a-comeback-b99651784z1-365298921.html

"We will not be manufacturing motorcycles, as Liquid Asset, but we will be working to put together a plan with a team that can be successful in doing that," said Liquid Asset owner Bill Melvin Jr.
"There are no guarantees. A portion of our business is that we are liquidators, but we are also power players in the motorcycle industry," Melvin said.
Founded in 1974, Liquid Asset Partners has worked with motorcycle manufacturers, including Indian Motorcycle Co., before Indian was acquired by Polaris Industries. It liquidated the assets of the Buell factory, in East Troy, when Harley-Davidson Inc. dropped the Buell brand in 2009.
Click to expand...
 
http://www.jsonline.com/business/ne...ld-make-a-comeback-b99651784z1-365298921.html

"Liquid Asset Partners will be seeking investors, or a buyer, for Erik Buell Racing."

"Their (EBR) bikes, out of the box, can go head-to-head with the top Italian race bikes. Our sale process will enable the proper exposure of the company and price flexibility that may better fit a new owner,"

"The next step for Buell could involve crowd-funding, a private investor or another motorcycle manufacturer. Melvin said he hopes that company founder Erik Buell and the rest of the Buell management team will remain part of the process."

"Our hope is that someone will continue to make these amazing motorcycles," Melvin said

This is a good thing.
 

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