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Suspension Leda Shocks - Company in Receivership

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Old Mar 21, 2007 | 05:47 PM
  #1  
mitchman's Avatar
mitchman
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5th Gear
Joined: May 2006
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From: Kennewick, WA
Leda Shocks - Company in Receivership

I purchased my Leda's from Racers Edge about 6 months ago, but when I called them today to schedule some additional work they told me that Leda had filed for bankrupcy and were currently in receivership. The Racer Edge folks were obviously really bummed out about this. I wonder how Mini Madness is dealing with it? (they sold a lot of Ledas as well)

Ledas are one of the few performance shocks with the adjuster on the bottom of the shock where it's easy to get to. This is especially important to Mini owners as most shock manufactures have the adjuster on the top of the shock, a location you can't get to in the rear of a Mini without removing the shock.

The sort of good news is that they supposedly have subcontracted out their repair work, so we're not completly in the dark if we need any repair work done.

Very sad news.....
 
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Old Mar 21, 2007 | 06:32 PM
  #2  
Ryephile's Avatar
Ryephile
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From: Metro-Detroit
It's great news if someone wants to buy the brand and IP!
 
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Old Mar 29, 2007 | 04:47 PM
  #3  
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dmh
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Joined: Mar 2006
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From: Metro NY
http://www.leda.com/
"Sadly, the company has ceased trading and is now in liquidation. However, the liquidators are expecting to sell the company’s business shortly. This will enable the manufacture and supply of Leda units to continue. A further announcement will be made as soon as possible."
Word is by mid April things will return to "normal."
 

Last edited by dmh; Mar 29, 2007 at 04:51 PM.
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Old May 5, 2007 | 06:06 PM
  #4  
miniwrench
1st Gear
Joined: Mar 2006
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From: Knoxville TN
from what i here from the owner or racers edge they are up and going again
 
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