Muttley....

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I believe I've heard you say you don't use McFadden's lacquer, right?

We're all freaking out on this side of the pond right now, because we just found out they are in bankruptcy, and it looks like they are finished. The word I kept hearing out of the phone yesterday was receivership, so that does seem to be that.

For those who don't know, McFadden's has supplied lacquer, UV cured polyester, and other finishes to most of the guitar building industry, including Gibson, Fender, just about every hand builder I know who still uses nitro, and most of the smaller factories as well (though, as it turns out, Taylor and Martin had switched to other manufacturers in the last few years because McFadden's wasn't working with their robot sprayers - Martin to another nitro, and Taylor to someone else's UV cured polyester.)

So, just as I start to feel really confident that I can shoot a good finish every time, the fucking company goes out of business, and I have to come to grips with someone else's product! Yeah, frustrating is the word. I'm also predicting a rise in finish related warranty claims from Gibson and Fender in the next few years as they sort out the new supplier's products.

Oh yeah, that's also where Guitar Reranch got their products, so I'll be curious to see what happens with their business.


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"Cowards can never be moral."
M.K. Gandhi
 
No, I don't use McFadden. One of the main problems this side of the pond over the last ten years has been shipping volatile stuff and lacquer is on that list. Most of the boutique guys here still use Behlens or Rustins. I use Mylands these days as do most of the established makers. Sorry to hear about McFadden I've seen many many finishes done with the stuff and they all looked great.
 
It looks like they originally filed chapter 11 in February - which is the chapter under the BR code for reorganization, not dissolution. If a receiver has really been appointed by the court, that's not necessarily a good sign, since it means that the company is no longer in control of its own affairs as a debtor in possession and the court believed that it was necessary to bring in a third party to run the company. I haven't looked to see whether there has been a conversion to a chapter 7 liquidation.
 
They told us to call back on Monday, but most of the folks I've been talking to say they went into chapter 7 this week.


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"Cowards can never be moral."
M.K. Gandhi
 
Having a receiver appointed certainly suggests that might have happened.
 
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