I sure hope not. I extended the warranty with them for another year by letting them own my unit for another year. I hope that whoever buys the assets has to honor the terms of Blink EVSE contract we signed with them.In chapter 11, are the contracts transfering ownership of the Blink EVSE to the Volt owner at the programs end date (end of 2013) now in doubt? Can the buyer of the bankrupcy assets retain ownership of the home installed Blinks (not yet transferred to the Volt owners) and sell them?
Bankruptcy courts rewrite contracts all the time.The terms of my Ecotality EV Project agreement stipulate that it is through 12/31/2013. If the agreement is terminated without cause or early without cause then the EVSE ownership is transfered to the participant. ECOtality has the right to change the agreement if the DOE changes the agreement with ECOtality so I don't know if there is a potentital for these agreements to become terminated since the DOE has not fully paid ECOtality? It does stipulate that if these terms change and you dont agree with any new terms then that is considered grounds for your contract to be terminated with ECOtality with cause, which in my contract would then allow ECOtality to invoice me for $2,695 for cost incurred for the EVSE, etc. Best case is that this will get wrapped up in hearings for several months.