By now most of you have learned that CAM has declared bankruptcy, Chapter 11, and Cessna has an offer to buy CAM.  This is not a done deal, there will be an auction in November were anyone can bid.  Currently our members have approximately $10 million dollars of products that they have paid for and not received. This does not include your 3 or 5 year warranty provide by CAM.  We as a group are one of the larger unsecured creditors.  No one on the bankruptcy court is looking out for the owners interests.  Individually we will have no standing in the court but together we have a fighting chance.  The club is blessed with excellent members in the legal profession and we believe the club can make a difference and help protect your airplane.  The club has spoken with Jack Pelton, CEO of Cessna and he supports our position.  Please go to this link to read the rest of the story. http://www.lancairpilots.org/showthread.php?t=3110

To protect the future value of your plane, your warranty and all the items that you have paid for and not yet received, we need legal representation. The club has no money, we only have your $50/year membership fees.  We need to raise $15-20,000 immediately  If every member will contribute $300 we can make it happen.  This is a small investment to protect your $500,000+ asset. 

To make your contribution go to
http://www.lancairpilots.org/payments.php <http://www.lancairpilots.org/payments.php>

Time is of the essence. Those of you who lurk on our website, now is the time to help your plane and its future. No one on the bankruptcy court has your concerns at heart.

For those who just can't deal with PayPal, please mail the checks MONDAY. Overnight would help substantially. Address is:

Club Columbia Legal Fund
% Richard Page
1508 Byron Nelson Pkwy
Southlake TX 76092

Chuck Yanke
President Club Columbia