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Thread: Karma Automotive LLC sues Reimagined Automotive LLC

  1. #71
    Senior Member
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    When I go to car shows and talk to people who only know about the Delorean in general terms, the majority of them conflate DMC with DMCH. DMCH, whether they admit it or not, present themselves as the successor to DMC and unless you look closely it works. For all practical purposes it works, not legally but for the most part, that doesn't matter. In fact, most don't even know DMCH by name, they know it as the continuation of DMC or "that company in Texas". That documentary on the History channel really cemented that perception in the minds of the general public whether it was intended to do that or not. The general public also knows that DMC (or DMCH) is coming out with a new Delorean. They don't know the details but they hear it on the news. DMCH has been doing a great job generating publicity and keeping the Delorean brand in the public eye at a minimal cost.
    David Teitelbaum

  2. #72
    Daily Driver ssdelorean's Avatar
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    Quote Originally Posted by David T View Post
    DMCH has been doing a great job generating publicity and keeping the Delorean brand in the public eye at a minimal cost.
    James went to school for marketing and has done a good job at that for DMCH over the years.
    Shannon Y
    www.ohiodeloreans.com
    www.facebook.com/ohiodeloreans
    ---
    1st angle drive - 58,027 miles (20 years) -- original
    2nd angle drive - 48,489 miles (21 years) -- original from donor
    3rd angle drive - 26,572 miles (2 years 3 months) -- DMCH
    4th angle drive - 21,988 miles (1 year 11 months) -- DMCH
    5th angle drive - 7,137 miles (10 months 2 days) -- DMCH
    6th angle drive - OVER 113,704 miles and counting (OVER 13 yr 1 month & counting) -- new Martin Gutkowski unit
    over 245K miles

  3. #73
    Daily Driver ssdelorean's Avatar
    Join Date:  May 2011

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    Club(s):   (DCO) (DCUK)

    A friend sent me this article from a few days ago on businesswire's site.

    https://www.businesswire.com/news/ho...ederal-Lawsuit

    --------------------------------------

    DeLorean Motors Reimagined Responds to Karma Automotive Federal Lawsuit
    December 21, 2022 11:22 AM Eastern Standard Time

    SAN ANTONIO--(BUSINESS WIRE)--The federal lawsuit brought by Karma Automotive (Karma) against DeLorean Motors Reimagined (DMR) and select former employees of Karma has finally reached the stage where we can publicly respond to the misguided allegations.

    The motives behind the suit against DMR, a newly formed venture, are deeply puzzling. DMR just launched its DeLorean Alpha5 concept vehicle at the 2022 Concours d?Elegance at Pebble Beach. DMR designed the Alpha5 from the ground up with its partner ItalDesign-Giugiaro (IDG), a wholly owned subsidiary of Audi, part of the Volkswagen Group. The timing of the suit appears intended to create the maximum amount of media coverage, coinciding as it did with the 2022 Concours d?Elegance and the launch of the Alpha5. DMR and the Alpha5 have nothing to do with the Project 88 project that forms the basis of Karma?s allegations.

    The complaint is rife with selective quotes and characterizations of communications that portray a reality that never existed, while ignoring the key involvement and decisions of senior management at Karma and the parent company, Wanxiang Group Corporation (Wanxiang).

    DMR hoped that the motions to dismiss filed by DMR and the other defendants would have spurred Karma to conduct due diligence into the merits of its claims. Those motions were supported by documentation that included a signed letter by Karma?s then-CEO enabling the individual defendants to explore opportunities to further the electrification project of the 1980?s DMC-12 (known within Karma as Project 8. Instead, Karma chose to continue this lawsuit after our initial response, purporting to question the authenticity of the evidence provided, even though that evidence has been available to it on its email servers since January 2021. Wanxiang was fully aware of this project since July 2020 through their liaison, Frank/Linyun Qi, currently Karma?s VP Corporate Development and Governance.

    There are two main allegations in this lawsuit:

    DMR and the individual defendants stole Karma?s trade secrets (intellectual property or IP); and
    The individual defendants breached their fiduciary duties to Karma.

    Regarding the IP allegations, Karma has failed to identify which part of the Alpha5 concept vehicle uses any of Karma?s alleged IP or which technologies our design partner IDG used that violate Karma?s alleged IP. The Alpha5 concept vehicle is a ground-up, 100% new design. It does not use any Karma IP.

    Regarding the fiduciary duty complaints, the facts have already proven that Karma?s then-active C-suite executives, formalized in the approval letter executed by the former CEO, had decided not to make any equity investment into Project 88. While those executives are no longer at Karma ? and current Karma CEO Jeff Wawrzyniak was not then part of the executive leadership team ? that does not change the express written approval allowing the individual defendants to pursue the Project 88 opportunity.

    Project 88 was intended as an opportunity for Karma to demonstrate that it could handle the engineering, design, and manufacturing required to produce a battery electric vehicle. But Karma was unable to fund or supply the required technology to pursue the project at that time. Indeed, DeLorean Motor Company, LLC ? the owner of the rights to the DMC-12 vehicle that forms the concept behind Project 88 ? has offered to allow Karma to pursue the Project 88 project. It simply has nothing to do with DMR or the Alpha5.

    In summary, the individual parties are saddened by the lawsuit on a personal level as they dedicated many years of their lives trying to make Karma successful, in many cases going well outside the realm of their individual responsibilities.

    On a professional level, our company is prepared to defend itself with the facts of what really happened in 2020 and 2021. We are looking forward to letting Karma?s current management understand that filing baseless complaints against innovative electric vehicle manufacturers will not help Karma build a successful B2B business, which appears to be Karma?s new direction.
    Contacts

    Stephanie Chavira
    [email protected]
    --------------------------------------



    This line has me confused:
    DMR designed the Alpha5 from the ground up with its partner ItalDesign-Giugiaro...

    I thought the Alpha5 was a re-design of the 2019 DaVinci concept?
    https://www.italdesign.it/project/davinci/

    Was DMCH working with Italdesign before 2019? Or is this just more "reimagining"?
    Shannon Y
    www.ohiodeloreans.com
    www.facebook.com/ohiodeloreans
    ---
    1st angle drive - 58,027 miles (20 years) -- original
    2nd angle drive - 48,489 miles (21 years) -- original from donor
    3rd angle drive - 26,572 miles (2 years 3 months) -- DMCH
    4th angle drive - 21,988 miles (1 year 11 months) -- DMCH
    5th angle drive - 7,137 miles (10 months 2 days) -- DMCH
    6th angle drive - OVER 113,704 miles and counting (OVER 13 yr 1 month & counting) -- new Martin Gutkowski unit
    over 245K miles

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