Audio Research filing for bankruptcy?

The name has value, so it will continue, but the company’s value to those on this board is up in the air.

@onhwy61 +1 I agree!

Mike

It'll be dangerous to send anything to ARC right now. Perhaps the price Increase from last year over 40% for the ref6 upgrade is to garnish more funds while they knew all along this was their path. They should've cut prices if there not paying there creditors.
Id be a bit suspicious  @tattooedtrackman  they told you we have a guy who only does these and it's a fast 14 day turnaround, send it in we get right on it! Yeah ok. 

You don't send your equipment to them because you don't know what is going to happen.  It's not likely, but they could just cease all operations and close.  Your equipment sits on a shelf and you are in a line of creditors asking for what you are owed.  It's not likely, but it really could happen.  Why risk it?

If they had sold millions, then they would not be in this position

IMHO as a 50 year hi-end audio junkie: this is just the tip of the iceberg, especially for uber expensive kit. Renting an apartment (or buying) in many popular cites is so out of reach for the 99% that even IF they were predisposed to hi-end kit, they cannot afford it: an 700 sft efficiency near downtown Ft Lauderdale is $1700-$3000/mo! And then cars are absurdly priced as is car insurance, etc, etc

Combine those issues with significantly better kit (compared to days of old) at <1/10 the price of the uber expensive kit and... well... RIP

I see Jasonbourne is now ruining threads on what's best forum.

I wouldn't send gear out there right now.    A judge could padlock the building and you will never see it.   Chances are thats not going to happen but......

@onhwy61 Why do u say that about not sending in for an upgrade until this gets sorted out ? I already made the appointment and got my RA number. What do u think would could happen?

A conglomerate will buy them and keep the brand. No worries.

"millions of onwers"?

If I owned ARC equipment I would be concerned, not about repairs or service, but about resale value.  Although I definitely would not send equipment to the factory for an upgrade until this is sorted out.

It's true. ARC filed for receivership on April 3 and a court hearing has been set for May 17.

Here is the newest news:

https://www.whatsbestforum.com/threads/whither-audio-research.36751/

I was an ARC dealer for many years and have owned a lot of their gear.

Sad.  Hopefully they can be saved...