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End of the road for Motorcycle Consumer News?

  • Dealernews
  • Feb 01, 2020

  

 

The 50+ year-old, ad-free motorcycle magazine has been "dissolved" according to parent Lumina Media:

Notice To our Subscribers, Contributors, and Suppliers:

Please be advised that the Publisher of Motorcycle Consumer News and Auto Restorer magazines, Lumina Media, LLC, a Delaware limited liability company (the “Company”), doing business at 640 Avis Drive, Suite 200, Ann Arbor, Michigan 48108, will be dissolved by written resolution of the sole manager and all members of the Company, effective as of February 1, 2020 (the “Dissolution Date”). Effective as of the Dissolution Date, the Company will cease its business operations and shall continue for the sole purpose of winding up its business affairs. The last publication of Motorcycle Consumer News was distributed (shipped) on January 17, 2020, and the last publication of Auto Restorer was distributed (shipped) on January 17, 2020. Subscription payments for future issues paid by credit card or check after the Dissolution Date will not be processed. If you paid for future subscriptions by check and the check has not been drawn against your bank account as of this notice, the check has been or will be destroyed by the Company. If you otherwise paid for future publications in advance, you may submit a claim for the value of the issues you will not receive in accordance with the below instructions.

Please be further advised that the Company has insufficient assets to satisfy all of its liabilities. Upon the conclusion of the wind-up process, creditors will receive a pro rata distribution of available assets, if any, to satisfy claims submitted in accordance with the following:

1. If you believe that the Company owes you money, you must submit a final invoice or claim for any liability through the Dissolution Date in writing and include the claim amount, basis for the claim, origination date, proof of payment if a subscription claim (e.g. copy of front and back of cancelled check; as well as other data mentioned here), and documentation evidencing the basis of the claim.

2. The deadline for submitting claims is March 9, 2020.

3. Any claims that are not received by the Company on or prior to March 9, 2020 may not receive a distribution from the assets of the Company, to the extent such distribution is made.

4. All claim submissions must be sent to: Lumina Media, 640 Avis Drive, Suite 200, Ann Arbor, MI 48108, Attn: Lumina Claims Desk.

Dated: February 1, 2020

Lumina Media, LLC

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