New England Pellet LLC Update!

Post in 'The Pellet Mill - Pellet and Multifuel Stoves' started by Bounty Hunter, Jan 14, 2009.

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  1. Bounty Hunter

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    Just received a notice in the mail today informing me that N.E. Pellet LLC has filed for Chapter 11. Does anyone out there know what that will mean to all of us that was screwed out of our money/pellets?
     

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  2. staplebox

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    "As with other forms of bankruptcy, petitions filed under Chapter 11 invoke the automatic stay of ยง 362. The automatic stay requires all creditors to cease collection attempts, and makes post-petition debt collection void."

    http://en.wikipedia.org/wiki/Chapter_11

    I'm no lawyer but I think it means you may be screwed.
     
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  3. Bounty Hunter

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    Thanks for your input. I'm going to contact the A.G. to see what they're going to do. I'm also going to contact a lawyer to see if I can go after this dirtbag. I had a feeling they were going to file, it just makes me mad to think that he will get away with this!
     
  4. SmokeyTheBear

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    What you need to do is talk to a lawyer about conversion.
     
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  5. Wet1

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    Fixed.
     
  6. InsaneWayne

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    My advice is to show up at the plant and pick up as much of your order as possible Yesterday!

    Does anyone have the legal ownership info for this company?

    Personally, I feel bad for everybody involved. I doubt the owners/investors got into this business just to collect payments on future deliveries, loose all of their investments and them screw the pre orders.
     
  7. InsaneWayne

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  8. Steveo

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    The customers who got screwed are considered customers not creditors. The is a big difference there. You did not sell them goods or services like a creditor would. You gave them money to purchase their product. I would contact a lawyer or find out where they live and pay them a visit lol. If I got screwed by them I would contact every news agency to put more pressure on the AG's office to actually prosecute them.
     
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  9. SmokeyTheBear

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    And that wet1 is why I said to talk to an attorney about conversion (theft) which isn't in any way impacted by the bankruptcy court's automatic stay.

    I've been following an ongoing case that dates back a number of years, one of the involved parties decided to bail out through chapter 11 and they got fetched up by conversion. The bankruptcy court will punt those aspects right into a district court.

    IANAL and I don't play one on TV, I just follow certain interesting legal battles.
     
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  10. staplebox

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    The best way to make contact with the CT AG is to pull out a video camera - he will then magically appear before you. ;)
     
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  11. cold feet

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    watch nbc news ct tonight at 11....... we are not to let them get away with this ..... and also everyone contact the atty general we must speak ......the story will be on ......... take my word for it ...
     
  12. FredJ

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    one of the previous threads concerning this company had his home address and other personal info. I can seem to find it. Does anyone know that info? I have a claim against them real soon and it would be very helpful.

    Thanks
     
  13. cold feet

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    Jason lives in east long meadow mass .. stone hill rd and Steve lives in Suffield Bosnt neck rd I think it is
     
  14. SmokeyTheBear

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  15. staplebox

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  16. Bounty Hunter

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    I strongly suggest that everyone calls the A.G.'s office. I called today and the person I talked to said I was the first one he had heard from pertaining to the bankruptcy. He couldn't go into detail but it sounds like the state is looking into criminal charges against these pieces of crap.


    Personally, I'd like to see Steve on the other side of the bars so he can "feel" what it's like :) :lol: ;-)
     
  17. FredJ

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  18. cold feet

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    ok now everyone involved in this please take the time and call atty general in ct and mass... see the news story nbc ct .. I spoke for all ... this will get your money back .. speaking out ...
     
  19. johnnywarm

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    This is the truth.he also wants to be governor of ct.this is why im going to new Hampshire.i bet the state gets a big fat fine out of this.
     
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  20. Wet1

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    Wish I knew this was going to be on (I was sleeping)...

    I really hope these guys have to give up some of their personal assets and end up behind bars.
     
  21. Obie25

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    Just trying to be a little hopefully here still but I believe Chapter 11 bankrupty is re-organization. Chapter 7 is the "going out of business" type filing isnt it? Anyone have information on the different kinds of filings?
     
  22. Obie25

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    Everytime my wife calls the AG office she gets a woman on the phone who (as recent as 5 minutes ago) keeps telling her they are working with the attorneys to get refunds. If they filed Ch 11, I don't think they can even discuss it anymore until a trustee is appointed. Also, my wife's boss is an attorney and the last time he was working in bankruptcy law, people who had paid for goods in advance that weren't delivered yet are on the list of people who are in line to receive money, though that was several years ago and perhaps the laws have changed.....
     
  23. cold feet

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    Connecticut Attorney General's Office

    Press Release

    Attorney General To Continue Fight In Wake Of New England Pellet Bankruptcy

    January 14, 2009

    Attorney General Richard Blumenthal said today that he will fight an attempt by New England Pellet, LLC and its owners to use the company's recent bankruptcy to halt his lawsuit seeking significant penalties, injunctions and consumer restitution.

    Blumenthal's office filed an objection yesterday to the company's motion to stay his lawsuit because of its bankruptcy filing last week.

    "I will fight any attempt to stay our lawsuit," Blumenthal said. "This company and its owners are seeking to evade their legal duty and obligations to consumers. My office has filed an objection to New England Pellet's attempt to shut down our lawsuit, which I will vigorously and aggressively oppose.

    "Companies that stiff consumers should not be allowed to use bankruptcy to frustrate and forestall restitution. This company owes hundreds of consumers thousands of dollars. Bankruptcy or no bankruptcy, I will battle to hold the company and its owners accountable to consumers."


    --------------------------------------------------------------------------------
    so the fight may be worth it . Atty Blumenthal is stlll after them
     
  24. johnnywarm

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    Hes telling you they are going to get away with it.he will follow up with"we need to change the law so this will not happen again".

    NOTICE where the victim's are in the letter "third" to get anything
     
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  25. johnnywarm

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    why just doesn't put them in jail till they pay like he did Christian fathers???? or is that against the law???
     
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