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Post by overdrawn on Jun 27, 2016 3:37:14 GMT -6
I tried to file a complaint with the AZAG but could not get any further as this only seems to work for US citizens.
Will send them an eMail with my complaint and Information, let´s see what happens.
overdRAWn
GERMANY
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Post by overdrawn on Jun 27, 2016 3:48:41 GMT -6
... for all who did the complaint ... can you post the Information that Needs to be inserted in the form?!
I do not have the address for LD&Co, no phone number, the Website is also down (www.ldandco.us ) ... please share your Input.
overdRAWn
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Post by exophobe on Jun 27, 2016 7:10:33 GMT -6
... for all who did the complaint ... can you post the Information that Needs to be inserted in the form?! I do not have the address for LD&Co, no phone number, the Website is also down (www.ldandco.us ) ... please share your Input. overdRAWn (602) 753-3940 · 15 E Jackson St Ste 111. Phoenix, AZ 85004 I don't think they're there anymore, and the phone number is unlikely to work, but that's what I used. Pulled it on a google search for lawless denim. |
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Post by I was REX on Jun 27, 2016 7:49:35 GMT -6
none of the address, phone number, etc appeared to be mandatory on the forms...and since it was all very outdated, I left those portions blank. That doesn't mean I did it right, though.
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Post by overdrawn on Jun 27, 2016 8:26:19 GMT -6
.... thx for your Input ... funny Thing though: I FORGOT I STARTED THIS THREAD MYSELF :cool:
overdRAWn
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Post by overdrawn on Jul 1, 2016 8:36:20 GMT -6
Filed the complaint with AZAG just minutes ago ... let´s see what happens.
I am from GERMANY btw, so I hope they will also act for all the overseas costumers who paid received nothing!
overdRAWn
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Post by overdrawn on Aug 23, 2016 5:20:12 GMT -6
I got my letter from the Office of the Arizona Attorney General now telling my I "may be entitled to at least some Restitution".
Whatever that means, I am just satisfied that I did Report my issues with Roman A. ... it feels good.
Anyone ever heard back since???
overdRAWn
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Post by matt on Aug 23, 2016 9:36:06 GMT -6
I got my letter from the Office of the Arizona Attorney General now telling my I "may be entitled to at least some Restitution". Whatever that means, I am just satisfied that I did Report my issues with Roman A. ... it feels good. Anyone ever heard back since??? overdRAWn No word back yet, but I too did receive the letter from the AZ AG. At this point, I may just frame the letter from the attorney general and call it history. |
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Post by gaseousclay on Sept 1, 2016 5:44:27 GMT -6
I haven't heard anything regarding the settlement aside from the letter from the AZAG. Makes me wonder if anyone has received anything at all
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Post by matt on Sept 1, 2016 9:12:56 GMT -6
I haven't heard anything regarding the settlement aside from the letter from the AZAG. Makes me wonder if anyone has received anything at all Can't get something from nothing. Moving along, time to suppress this thread. |
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Post by exophobe on Sept 1, 2016 21:58:01 GMT -6
I haven't heard anything regarding the settlement aside from the letter from the AZAG. Makes me wonder if anyone has received anything at all Open call for complaints doesn't end for another few weeks yet, no? |
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Post by DigDug on Jul 6, 2017 22:40:14 GMT -6
Any word on our Refunds LOL!
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Post by gaseousclay on Jul 7, 2017 5:17:58 GMT -6
Nope
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Post by Deleted on Jul 7, 2017 6:38:06 GMT -6
Not a single person has posted about any actions in their favor, lol!
In other news, I found my IxI denim workshirt... I'll be wearing it this fall, lol. Might as well get my money's worth
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Post by matt on Jul 7, 2017 9:19:38 GMT -6
The thread that never dies. I have my letter from the AZAG on the side of my fridge and I keep thinking about following up with their office on status. Then I go about my life and realize I'm better served using my expenses from LD as a tax write off for charitable contributions.
I've sold off all but indigo twill (?) workshirt and my Italian workshirt. They definitely remain in the rotation going forward.
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Post by Winterland on Jul 11, 2017 19:58:54 GMT -6
The thread that never dies.. dies....
I left my western shirt, which I loved, at a bar. I called to have them hold it and then when I went to get it, it wasn't there anymore. Someone liked my shirt.
Hoping I will run into it one day.
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Post by I was REX on Jul 11, 2017 21:15:43 GMT -6
I have my AZAG letter hanging in my cubicle. An electronic mail was sent to the AZAG on 09 July and just got a response. They stated that the debtors are still paying. After the funds are collected, they will distribute...anticipated early 2018.
I am very curious to see how all of this plays out.
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Post by gaseousclay on Jul 13, 2017 12:02:20 GMT -6
I'd rather that a-hole go to prison than get a refund
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yabut
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Post by yabut on Jul 13, 2017 21:01:12 GMT -6
Anyone gotten jeans from Manny recently? What's Sal up to nowadays?
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Post by Deleted on Jul 14, 2017 1:19:33 GMT -6
I'd rather that a-hole go to prison than get a refund I'm at a far less emotional place than you, lol! I wants my monies!!! Even still, it's been so long that I don't even really want it; it's been written off a long time ago. BUT, it would be nice to have a few unexpected coins pop up! |
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Post by gaseousclay on Jul 14, 2017 8:17:07 GMT -6
Of course it'd be nice to recoup our money but it's taken this long for anything to get done. Honestly, if the AZAG is projecting an early '18 date then i'm not getting my hopes up about a refund. It's the principle of it all.
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Post by bentin on Jul 14, 2017 8:52:58 GMT -6
As a finance guy who's done a Chapter 11 filing, the end product consumer will likely see very little or nothing. Debtors get ranked and the top ones get the first cut, usually still at a rate below 1:1 though. Once those are covered, the remaining pool, if any gets distributed, frequently at a 10:1 or less ratio.
So if Captain Dipshit bought a mile of denim from a few jobbers, got behind on his property lease, stopped paying employees and owes taxes, all of those will be prioritized ahead of the end consumer. Say he had $200k of debt, $160k of which was due to the primary debtors, and $40k to guys who paid for jeans. If they manage to get him to cough up $100k in penalties, those primary debtors will bet the lions share of that, say $95k, and $5k would get peanut buttered to the $40k of remaining debt. So 8:1 payout.
Now the good news is that there probably isn't a complete list of consumers owed money. So if you're in with the AZAG and the primary debtors recoup their share, you might actually get a little closer to whole. Still worth paying attention to, but unless the lettuce salad won the lotto and invested really well, you don't need to be worried about seeing all of your money returned.
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Post by bentin on Jul 14, 2017 8:57:48 GMT -6
As an amusing aside, when my old company was clearly having cash flow issues, we were trying to break leases to cut our recurring payments and still keep funding payroll and hope for a miracle salvation.
One of my jobs was to call the lease holders and offer them three to six months rent to let us out of long term leases, prefaced with the fact that we were going to be filing for Chapter 11 imminently. They always told me to get lost. I gave them a quick explanation that they could have some money now or none after we filed, but either way we'd no longer be a lease holder in a few months. Only a handful were smart enough to actually take the money.
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Post by matt on Jul 14, 2017 11:05:06 GMT -6
As a finance guy who's done a Chapter 11 filing, the end product consumer will likely see very little or nothing. Debtors get ranked and the top ones get the first cut, usually still at a rate below 1:1 though. Once those are covered, the remaining pool, if any gets distributed, frequently at a 10:1 or less ratio. So if Captain Dipshit bought a mile of denim from a few jobbers, got behind on his property lease, stopped paying employees and owes taxes, all of those will be prioritized ahead of the end consumer. Say he had $200k of debt, $160k of which was due to the primary debtors, and $40k to guys who paid for jeans. If they manage to get him to cough up $100k in penalties, those primary debtors will bet the lions share of that, say $95k, and $5k would get peanut buttered to the $40k of remaining debt. So 8:1 payout. Now the good news is that there probably isn't a complete list of consumers owed money. So if you're in with the AZAG and the primary debtors recoup their share, you might actually get a little closer to whole. Still worth paying attention to, but unless the lettuce salad won the lotto and invested really well, you don't need to be worried about seeing all of your money returned. If Captain Dipshit files (or filed) for Chapter 11, wouldn't that be published somewhere? If I recall correctly, that would list the debtors looking to collect? Not that I know more than most regarding this, but if I remember correctly, Manny took a lot of the production equipment to settle his debt of back payment. I believe he also inherited most of the fabrics (just based on the ones he uses to produce for his site). Aside from location rent in the hole on Jefferson St., and probably a bunch of utilities being owed, I can't recall what else would be left to impede the fractional payout. Granted, this doesn't factor in the debt that he probably owes for the lease in Cityscape Phoenix that I believe was broken (isn't that the one he put in his mother's name)...so long as he doesn't repeat this heist again, I'm done talking about it. |
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Post by bentin on Jul 14, 2017 11:21:54 GMT -6
That's where I get a little confused. It does seem like RA has already settled some debts, but I don't know if those were coerced by the AG or done in good faith. If RA can show that he's surrendered all assets to cover debtors, then aside from a rather meaningless fine, the AG can't really do much.
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