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Cities are all facing budgetary pressure, or should be. We don't want them overspending arbitrarily. The vendor promised a certain warranty. If the due diligen
by rconti 8y ago
Cities are all facing budgetary pressure, or should be. We don't want them overspending arbitrarily.
The vendor promised a certain warranty. If the due diligence was done, and the cities were happy with the price paid and the terms of the warranty, hopefully the vendor stands behind the product.
- everybodyknows 8y agoSo is the Detroit Public Lighting Authority: "We want to make sure that absolutely the taxpayers of the city are not being asked to pay anything more than they are legally obligated to." But: '"This deadline has come and gone, and Leotek ceased all communications with the PLA," the suit reads.' Company website has both: "Leotek Electronics USA LLC", and "Leotek is a subsidiary of LiteOn Technology Corp." https://leotek.com/about-leotek/ https://leotek.com/about-leotek/ IANAL, but that would seem to be a contradiction. I'd give generous odds on a bet that the end of Leotek, and Detroit's recovery efforts, are not far in the future.
- stordoff 8y agoI don't see how it's a contradiction - it's the same as Google LLC being a subsidiary of Alphabet, and LEOTEK ELECTRONICS USA LLC is listed as a Sub-subsidiary in LiteOn's financial reports: https://www.liteon.com/storage/document/document/2017lite-on_en_0605_final上傳.pdf https://www.liteon.com/storage/document/document/2017lite-on... It appears the LLC was formed in 2014, after Leotek merged with LiteOn: https://www.liteon.com/storage/document/document/engfile-d2132b2d-e257-4cbf-b859-ee519f88b208-19-liteon_2014annualrpt_0609(final上傳檔)(2)(2)(1).pdf https://www.liteon.com/storage/document/document/engfile-d21...