Re: Chicago Shooters Screwed

[wpettit@xxxxxxxxxxxxx]

If anyone knows someone caught in the bankruptcy, tell them that they shouls immediately file a claim with the US Trustee.  If they have Calumet rental property, they should contact the trustee to return it immediately.  The rental units are considered assets of the basnkrupt estate and the trustee might try (probably would try) to collect all rents for delays in returning the property to the court. IN the case of stuff Calumet may have had for repair, they should be prepared to prove ownership, or it might be sold off to satisfy the debts of the corporation.

Bill

-----Original Message-----
From: Randy Little
Sent: Mar 15, 2014 11:28 AM
To: List for Photo/Imaging Educators - Professionals - Students
Subject: Re: Chicago Shooters Screwed

There are several other pro shops in Chicago.  Its not that big an issue in terms of getting stuff.  Repair or rental return seems a bigger issue.

On Mar 15, 2014 10:13 AM, "John Palcewski" <palcewski@xxxxxxxxx> wrote:

"...what happens when the only go-to place for a certain hobby or profession of yours simply vanishes overnight?

"That’s the situation in which countless patrons of the 75-year-old Chicago-based photography chain Calumet Photographic were placed Thursday after the company declared Chapter 7 bankruptcy (the liquidation kind) and immediately shuttered all of its U.S. locations. (Calumet’s total number of American outlets is unclear, but the Chicago area had two of them: one in the city on North Cherry and another in Oak Brook.)

"Consequently, equipment under repair cannot be retrieved, rentals cannot be returned and those who depended on Calumet for their livelihoods (employees and patrons alike) must figure out another option — and fast."

More of the piece in the Chicago Sun-Times here:

http://bit.ly/1iMCFtu