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Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

March 06, 2022 02:39PM
AZ Railfan Wrote:
-------------------------------------------------------
> After the bankruptcy proceedings maybe D&S will do
> a significant accounting on write-down on these
> non-performing assets, yet retain ownership of
> them. Who knows, down the road their new
> prime-movers, alternators, and electronics could
> be used to “modernize” two of the Alcos…

First - Who do the incomplete locomotives legally belong to? While D&S has actual physical custody of them (possession is 9/10ths), it would appear that D&S never accepted delivery of them and did in fact make some kind of payments towards them. So do they revert to D&S to settle their outstanding claim or do they belong to the bankruptcy court/receiver as an asset of MP&ES that is to be auctioned or sold to satisfy in part ALL the debts and claims against the company?

Second - These are absolutely a total 100% bastard design of MP&ES. One their website, MP&ES bragged about having their own electronic control system, which then would have to be integrated into diesel engine controls (assuming it's new enough to have EFI). So unless MP&ES supplied a full set of prints, parts lists and software documentation there is little chance that anyone outside MP&ES could make these actually run as designed. Why would you want to take four of the DL535s which appear to be running decent and in turn bastardize two of them? My best guess is that even if you could complete these units enough to begin road testing them, I really can't see that their design would be anything reliable or meet the operating expectations.

If D&S ends up with them, I wouldn't be surprised if they don't salvage the traction motors as spares for the DL535s, maybe some other usable components such as air brake, air compressor, fixtures or switchgear (as their own spares or sale), sell the gen-sets and everything else is scrap.

Personally, I would like to see them just because they are weird and wonderful and to see if there is anything of value in potentially completing them.
Subject Author Posted

Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Chris Webster February 26, 2022 08:13AM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

usmc1401 February 26, 2022 11:03AM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Dan Robirds February 26, 2022 01:23PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

jessica stacey February 26, 2022 01:29PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Dan Robirds February 26, 2022 02:42PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them Attachments

12bridge February 26, 2022 02:59PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Dan Robirds February 26, 2022 05:28PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Chris Webster February 27, 2022 09:16AM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Brian Norden February 27, 2022 02:32PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Andrewl1995 February 26, 2022 07:54PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Jeff Taylor February 26, 2022 09:16PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Will Gant February 26, 2022 09:23PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

AZ Railfan February 27, 2022 09:47PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Rader Sidetrack March 01, 2022 08:27AM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

spieser March 01, 2022 10:29AM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

cwhuffman01 March 04, 2022 02:14PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

trainrider47 March 04, 2022 03:02PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

John West March 05, 2022 01:44PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them Attachments

bcp March 05, 2022 03:36PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Dan Robirds March 05, 2022 03:39PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

cwhuffman01 March 05, 2022 03:55PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

bcp March 05, 2022 04:37PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

AZ Railfan March 06, 2022 01:51PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Dan Robirds March 06, 2022 02:39PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Brian Norden March 06, 2022 03:30PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

bcp March 06, 2022 03:57PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Jeff Taylor March 06, 2022 05:04PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

12bridge March 05, 2022 06:16PM

Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them

Chris Webster September 29, 2022 11:20AM



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