How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Infolawyer Your Own Question
Infolawyer
Infolawyer, Lawyer
Category: Consumer Protection Law
Satisfied Customers: 6867
Experience:  Licensed attorney helping individuals and businesses.
11313492
Type Your Consumer Protection Law Question Here...
Infolawyer is online now
A new question is answered every 9 seconds

I have a NJ LLC that purchased solar PV panels from a

Customer Question

I have a NJ LLC that purchased solar PV panels from a manufacturer in Mexico. The Mexican manufacturer was supposed to provide a "bankable"/ "backstop" (insurance? bond? irrevocable letter of credit? parent guarantee?). This financial "backstop" was supposed
to provide comfort in the event that the manufacturer failed to service or could not service (bankrupt? dissolved? evaporated? acquired) its produt warranty and gaurantee(s). Do you have an expert that in this area that want to get involved? We ordered about
7 million in product. We are holding about 1 million back in payments waiting for them to solve this backstop problem.
Submitted: 1 year ago.
Category: Consumer Protection Law
Expert:  Law Educator, Esq. replied 1 year ago.
Thank you for your question. I look forward to working with you to provide you the information you are seeking for educational purposes only.
What is your actual question for us regarding this issue?