Moto Morini applies for voluntary liquidation

[Bob]

Moto Morini has applied to the Bologna Court for voluntary liquidation. The Italian manufacturer had difficulties in paying suppliers, so applied for voluntary liquidation status to protect assets.

In Italy, voluntary liquidation status is not as bad as in the UK; it is more like the “Chapter 11” status in the USA and allows the business the opportunity to search for a joint solution that allows payment of creditors and to continue in business, as well as search for new financial partners – and the rumour mill suggests that parties are interested.

Moto Morini currently employs approximately 65 employees who are continuing production on a regular basis.

[Clockwork]

Damn, I rather like the Gran Passo. One of few bikes I'd consider replacing the SV with.

[LBD]

Damn, I rather like the Gran Passo. One of few bikes I'd consider replacing the SV with.

And I quite liked the scrambler...hope they can keep their heads above...

[F5 Dave]

Ahh, it's an Italian tradition. You'd be concerned if they didn't go into liquidation every so often.

I think Bimota has it in their business plan every 5 or so years.

[Hitcher]

So much for the three-year factory warranty...

[nallac]

Damn, I rather like the Gran Passo.

me too,its a nice looking soft roader.