Wednesday, February 27, 2019

Roadtrek Factory Closure - Out of Business


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Erwin Hymer North America which manufactures Roadtreks is officially in receivership (bankruptcy) and all employees were given a termination letter dated February 15. The Canadian court appointed the legal firm of Alvarez and Marsal (A&M) as receiver.

The Receiver is empowered to deal with creditors and manage the business. At present, with no current employees, Roadtreks are not being manufactured. The Roadtrek website was shut down for a short period of time but was put back up on February 22.  A termination letter to Roadtrek employees was issued on February 15. All manufacturing has been suspended. Factory service is not currently available.

According to the "Service List" on the Receiver's website this is what Roadtrek owes the creditors:

             $273,609,280 (Canadian) to unsecured creditors.
               $15,133,001 (Canadian) to secured creditors.

https://www.alvarezandmarsal.com/sites/default/files/canada/appendix_a_-_creditor_listing_3.pdf

If you don't have a copy of the current manual for your Roadtrek I suggest you go to the Roadtrek website and download the manual. We don't know how long the Roadtrek website will be up and manuals will be available:

https://www.roadtrek.com/owners/#section-manuals

For current information from the Receiver, go to this website:

https://www.alvarezandmarsal.com/ehgna


Original material:  https://roadtrek210.blogspot.com/

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