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Cactus521

Eclipse files for Chapter 11

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I saw this news yesterday. I wasn't surprised, given it seemed Eclipse was banking on selling a lot of product to DayJet, which went under See this notice:(http://www.dayjet.com/)What peeves me is their intent to walk away from warranty commitments and the potential for customers to lose their deposits. As one article stated, Chapter 11 is "legalized theft". A substantial number of Eclipses have been sold, and a huge number of deposits taken. --John

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Given the size of the deposits, you'd think the deposits would be held in escrow.

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