remains outstanding.

The lawsuit states that MEC has “acknowledged liability for the outstanding balance,” but “asserted that the only reason the outstanding balance has not been paid is because MEC and/or MEC Holdings does not have the financial capabilities to pay.” MEC Response and Sale Rumors MEC spokeswoman Jo Salamon responded to inquiries from BIV, stating, “as MEC is a privately held company, it doesn’t comment on business.” She added, “regarding speculation on MEC being sold—there is no news to share.” Other suppliers have filed lawsuits for smaller amounts.

Jonathan Cotton, director of operations at FixnZip (an Oregon-based maker of zipper repair kits), said, “Our outstanding invoice is for a whopping US$2,100 so it is nothing like that million-dollar lawsuit.” Cotton described a pattern of delayed payments and changing timelines: “It’s hard to get responses from them, and it’s usually an evolving, changing story, where they give us a date for what they’re going to do, and then when we get there, they need more time.” FixnZip sent MEC supplies in April, and MEC’s latest proposal was to start paying US$100 each month starting in March, with the balance due in December…