Sandy
Member
- Location
- Aberdeenshire
For the e series or x series?
Endurance wind power declare bankruptcy
- Thread starter How much
- Start date
DC21
Member
Both!
jcb360
Member
- Location
- Dark side of the bog................
If the 2 UK companies are sold as a going concern, then all the service contracts in place and warranties should remain valid surely?
DC21
Member
That would be fine if you owned an X-series, but I think it's unlikely to happen.
The E-series warranty is from EWP Inc. The two companies mentioned in the article are Endurance Wind Power (UK) Ltd and Endurance Manufacturing (UK) Ltd, neither of which are obliged to honour E-series warranties..
The E-series warranty is from EWP Inc. The two companies mentioned in the article are Endurance Wind Power (UK) Ltd and Endurance Manufacturing (UK) Ltd, neither of which are obliged to honour E-series warranties..
jcb360
Member
- Location
- Dark side of the bog................
What's unlikely to happen?
DC21
Member
That anyone would take on the warranty obligations for 100 X-series turbines, when they have had none of the sales revenue.
renewablejohn
Member
- Location
- lancs
I would agree Grant Thornton are specialists but I think you will find its in lining there own pockets.
Princess Pooper
Member
- Location
- East Mids
Quite agree, and no one other than they and secured/preferential creditors will get a bean, just pointing out that the 2 named administrators are restricting/recovery/turnaround specialists within the GT Partners, rather than only insolvency/liquidation.
jcb360
Member
- Location
- Dark side of the bog................
Well, that's going to be a sore one if you've spent half a million quid on a wind turbine to find it has no warranty.
Funny Farmer
Member
Thinking out loud here but irrespective of manufactures warranties don't you have redress in law against the supplier of the goods?
Exfarmer
Member
- Location
- Bury St Edmunds
Anyone purchasing any goods only has a claim against the supplier.
If the supplier goes bust, you have little or no claim.
Funny Farmer
Member
So if xyz renewables sell you an endurance turbine which goes wrong you have a claim against xyz renewables irrespective of whether endurance has gone bust of not - or did endurance sell all their turbines direct to the end user ??
DC21
Member
That would depend on what was in your contract. But, the warranty is a "manufacturer's" warranty.
If you buy a BMW from a dealer, it's the manufacturer that backs the warranty, not the dealer.
- Location
- South West
Really helps Mosscliff supplied turbines
. Going need anti depressants shortly . Would have helped if my turbine produced the 168,000kws predicted but it's only doing 100,000kws which leaves major shortfalls financially.
- Location
- South West
I got a feeling alot of Endurance's dealers are stung very hard any how's
Exfarmer
Member
- Location
- Bury St Edmunds
This may be so , but it is the dealer, in every case,who is legally responsible to the customer. This is the law in the UK.
If BMW went bust, the dealer would still be responsible for the warranty which went with the car.
The fact is that most car warranties are pan European , but you pay for it and I would expect at the end of the day are backed by an insurance policy.
Any longer term warranty should have insurance back up.
DC21
Member
Our view on the latest developments:
http://www.dc21group.com/dc21-react-endurance-wind-power-falling-administration/
http://www.dc21group.com/dc21-react-endurance-wind-power-falling-administration/
How much
Member
- Location
- North East
Hallmark have apparently now declared themselves insolvent and warrenty libility with the demise of endurance is apparehtly one the quoted reasons for it.
They may reform under another name having released themselves from any liability issues i suppose but there appers to be some more fall out yet to come the demise of Endurance