UD DEAD?

[mattyeah]

UD Black now going for $1 a pack, one can dream.

 

[lukesicari]

If UD do decide to pack it up, Panini will be liking their chops! $$$$$$$$$$$$$$

 

[drob50]

If UD do decide to pack it up, Panini will be liking their chops! $$$$$$$$$$$$$$

mmmmm chops *drool*

 

[Quicksilver]

Its also worth noting Ud is apparently two seperate entities as I picked up from reading that docco

 

[Matt26]

For what it's worth UD international (not USA) filed for bankruptcy in March.

I bet none of us will be surprised with the stories that will come out after UD USA finally goes under.

 

[mattyeah]

Maybe they'yy have an amnesty day and I'll finally get my Steve Nash SP Authentic Gold Chirography...or maybe not.

 

[KB.]

I just got an Aminu in the mail from a 1 1/2 year redemption, to be honest I was surprised to see it!

 

[Allstar cards inc]

People owed redemptions would be a fair way down the pecking order I imagine. It's more likely that remaining cards would be sold off to pay large creditors, rather than individuals......but doesn't mj have a massive in stake in UD? A couple of $m here or there to keep the doors open is nothing...probably just duck out to the car and get it from his ash tray!

The link below is a reminder of the process Fleer had to go through to deal with their redemption card holders.....
http://www.fleerabc.com/redemptioncardfaq.html

 

[A_Iverson_I]

ROFLMAO that is GOLD, you really should read the witness ( mcwilliams) deposition ( from around page 21)

lol, he claims he cant read,
whe asked what he does ( for a job) he answers "I wake up."

when asked "do you have a position within the UD company?" answer, "yeah when i wake up"

after readin thru it, yeah me thinks as long as that tool has any form of control or representation of the company they have no chance of lasting much longer.

LMAO that is hilarious!! W-2? W-2??

 

[Lazlow]

To be fair people have been signaling the end of Upper Deck since 2010 when MLB sued them first time around, and when they were busted printing unlicensed Yu Gi Oh cards out of China.

$1.5mil to NFLPA and an outstanding $265,824.92 plus interest to MLB Properties doesn't sound like a great deal of money for a company that not long ago put in an offer to buy Topps for $420mil (but then ended up paying the IRS $80mil, and the California Tax Board $17mil, for a different matter).

Personally I hope the brand lives on, I tend to prefer their Hockey products over Panini's, but maybe not in the hands of McWilliams.

If Topps can continue after a buyout so can Upper Deck.

 

[ozballer23]

The link below is a reminder of the process Fleer had to go through to deal with their redemption card holders.....
http://www.fleerabc.com/redemptioncardfaq.html

I also hope UD doesn't fold. I for one would hate to go through that redemption replacement program.

 

[midnight_show]

I hope they get the license back and we can go back to buying overpriced cards where Jordan and Lebum autos were one in a million rather than 1 in 6.

Panini is a stuoopido.

 

[midnight_show]

I hope they get the license back and we can go back to buying overpriced cards where Jordan and Lebum autos were one in a million rather than 1 in 6.

Panini is a stuoopido.

 

[midnight_show]

I hope they get the license back and we can go back to buying overpriced cards where Jordan and Lebum autos were one in a million rather than 1 in 6.

Panini is a stuoopido.

 

[Sanctum]

/\ Wow, triple post

 

[ooneil]

Way behind the times they are getting sued every second week, this one is amusing http://cconnect.s3.amazonaws.com/wp...McWilliam-Deposition-Abdul-Jabbar-3-12-12.pdf

Wow - thats a hell of a read. You would not think UD can last with that sort of leadership.

I would love to see the video of the deposition.

 

[Quicksilver]

Wow - thats a hell of a read. You would not think UD can last with that sort of leadership.

I would love to see the video of the deposition.

Haha yeah would be great!

 

[Mully]

Just noticed the buybacks for fleer retro 11-12 release. So all UD have to do is buyback all their old cards and insert them into packs. NBA license problem solved? .... I kid !

 

[drob50]

Just noticed the buybacks for fleer retro 11-12 release. So all UD have to do is buyback all their old cards and insert them into packs. NBA license problem solved? .... I kid !

You kid....... while UD lawyers investigate!

 

[Mully]

You kid....... while UD lawyers investigate!

Its strange, one one think they would remember a Jordan buyback being announced for an upcoming release ! I am getting old