[Historybuff]

I always like to look at the upside. There's a silver lining on this dark cloud.
Luby will probably sell the rights to the name "AC" to whoever will bail him out of the next jail he's in. (That's how Detomaso bought Carrozzeria Ghia, he waited until the owner , R. Trujillo, was in the pokey and later sold Ghia to Ford for a huge profit).
My suggestion for a buyer is C.Shelby. Why? Because he can probably get it for peanuts and bring history full circle by making A.C.-branded Cobras again.
And then he could have Superformance make them.
I don't think it's correct what one forumite said, that a car company "loses the right" to make cars if they don't make them for a certain number of years. If that was true, than why would VW have paid millions to buy the name Bugatti? Or Spyker resurrected that long dorment name? Old car company names are still worth money as long as they strike a favorable impression in the minds of consumers, and "A.C." is still a good name aside from the dirty fingerprints left on the firm's history by Mr. Lubinsky.

(Also there's one other more remote reason Shelby should buy A.C., and that is his claim to own the shape of the Cobra. If that battle ever reaches court, and Shelby owns A.C. and the judge determines that A.C. owns the shape and Shelby owns A.C. well, then, as the Brits say, no worries "because bob's your uncle." )