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11 April 2020, 05:38 AM | #1 |
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Join Date: Mar 2020
Location: Los Angeles
Posts: 58
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How Safe Are AD Deposits?
There are some ADs requiring deposits to reserve timepieces during the COVID-19 shutdown. However, with the combination of a severe supply constraint, a demand drop, and government mandated business operation restrictions, it stands to reason that there is elevated solvency risk for ADs. So the question is, how safe are deposits at ADs?
Would you feel comfortable placing a deposit now at an AD? For the lawyers out there: Is there any recourse? |
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