Container full of Iron Horse bikes seized

A container of Iron Horse bikes bound for UK importers Jim Walker & Co has been siezed by forwarding agents Genesis, industry website BikeBiz reports.

It is understood that the shipment was intercepted because US-based Iron Horse, who went bust earlier this year, owe Genesis money.

Jim Walker are warning dealers not to buy the bikes from Genesis because the factory which made them has not yet been paid and Iron Horse are still involved in bankruptcy proceedings in the US.