<html><head><meta http-equiv="Content-Type" content="text/html; charset=UTF-8"></head><body><div><font face="sans-serif">The short of it.... Chap 11 is restructuring, not liquidation and out of business. So the most likely scenario (short term at least) is profitable proprietary / exclusive product lines will continue and less profitable ones will go away. </font></div><div><br></div><div id="composer_signature"><meta http-equiv="Content-Type" content="text/html; charset=UTF-8"><div style="font-size:85%;color:#575757">Regards,</div><div style="font-size:85%;color:#575757"><br></div><div style="font-size:85%;color:#575757">Dave</div><div style="font-size:85%;color:#575757"><br></div><div style="font-size:85%;color:#575757">Sent from my Sprint Samsung Galaxy Note5.</div></div><div><br></div><div style="font-size:100%;color:#000000"><!-- originalMessage --><div>-------- Original message --------</div><div>From: Michael Cohen via NSRCA-discussion <nsrca-discussion@lists.nsrca.org> </div><div>Date: 1/10/18 7:59 PM (GMT-05:00) </div><div>To: NSRCA <nsrca-discussion@lists.nsrca.org> </div><div>Subject: [NSRCA-discussion] Hobbico Chapter 11???? </div><div><br></div></div>
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<p style="margin-top:0;margin-bottom:0">So, just saw Hobbico is filing for Chapter 11 bankruptcy. Since they own Tower Hobbies and Great Planes AND are a distributor of many lines in the US, what does this mean? I still do buy some things that aren't pattern
related and even though some is from the Local Hobby Shops, if distribution is gone, what happens then?</p>
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<p style="margin-top:0;margin-bottom:0">Mike Cohen</p>
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