2016-01-18 · Gunboat International will be sold at auction to the highest bidder, a bankruptcy court has decided. Past struggles included the dismasting and abandonment of Rainmaker, problems with the

Get free access to the complete judgment in In re Gunboat Int'l, Ltd. on CaseMine.

The company, which has been operating for fifteen years, filed for bankruptcy due to the expensive cost associated with building their huge catamaran sailboats as well as loss of profits due to defective work done by one of their manufacturers, over which Gunboat reportedly pursued legal action. Get free access to the complete judgment in In re Gunboat Int'l, Ltd. on CaseMine. The Japanese gunboat Atami, 1937 This is another Japanese gunboat, the Atami, which with her sister Futami also served around Changsha, Dongting Lake and the Xiang River between 1931 and into WW2. This photo shows her at Shanghai in August 1937, just after the outbreak of hostilities with China. The Gunboat 68 was designed and engineered with aesthetics, performance, and utmost safety in mind for extended bluewater cruising. Lightweight, all-carbon composite construction is the foundation of this robust platform, designed to be highly capable of handling a wide variety of conditions encountered when offshore sailing, and an absolute pleasure to sail in the entire range of conditions. Feb 2, 2015 - UPDATE 8/10/2016: To read Rainmaker's salvage listing, click here.

Gunboat bankruptcy

Gunboat International, a high performance luxury sailing manufacturer, announced Wednesday that it had filed for bankruptcy protection in a “perfect storm” of difficult business circumstances. During the period between bankruptcy and purchase, the owner of an incomplete Gunboat 55 (16.8m) retained designer Nigel Irens to modify the boat, Vai Vai, to 57 ‘ (17.4m). Johnstone created a boat that could cruise the world in safety, and with performance bettering that of the catamarans designed for the charter trade. (November 18, 2015) – Gunboat, a provider of high performance, luxury catamarans, announced today that it had filed for Chapter 11 protection under the Federal Bankruptcy Code. Company owner Peter Luxury catamaran builder Gunboat files for bankruptcy By Outer Banks Voice on November 19, 2015 Gunboat, the builder of multi-million dollar, high performance catamaran sailing vessels that located Posted January 18, 2016 Gunboat International, the manufacturer of luxury carbon fiber sailing catamarans, will be sold at auction to the highest bidder, a bankruptcy court has decided. Johnstone filed for Chapter 11 back in November of 2015, stating that "Gunboat has been quietly struggling behind the scenes for nearly two years." Sad to see another boat builder go under but refreshing to see that the owner seems to have accepted his financial responsibilities and taken the hit towards boats built/in build and not tried to shift responsibility onto the boat fabricators who it seems built some boats with issues. Unlike the There were a lot of subterranean rumors flying around the show in Annapolis last October about big trouble at Gunboat, so I wasn’t too surprised when the company announced the following month that they were filing for Chapter 11 bankruptcy (to reorganize rather than liquidate).

These features however did not seem to be enough to keep the company going strong.

6 Jan 2017 The bankruptcy court disallowed any additional damage claim. The creditor In re Gunboat Int'l, Ltd., 557 B.R. 410 (Bankr. E.D.N.C. 2016). 13.

Papers filed in U.S. Bankruptcy Court in the Eastern District of North Carolina requested compensation throughout the process for Carroll in his new role. UPDATE 1/9/2017: Rainmaker is currently at the Multihull Centre in Cornwall, England, ready to head into her refit.

settle debt defaults compared to gunboat diplomacy – is analyzed and described process of debt restructuring similar to a domestic bankruptcy court, i.e. a

Bankruptcy papers revealed that the manufacturer of luxurious 6 Jan 2017 The bankruptcy court disallowed any additional damage claim. The creditor In re Gunboat Int'l, Ltd., 557 B.R. 410 (Bankr.

2015-11-19 2015-12-09 2016-01-19 Gunboat is proud to announce that the esteemed yachting group, Grand Large Yachting, has purchased the Gunboat brand and rights to continue manufacturing the Gunboat series.This past Saturday, Grand Large Yachting (GLY) hosted Gunboat … 2015-11-19 Following a series of dire setbacks, the Gunboat company is down, but certainly not out. Seen here is Lloyd Thornberg’s Gunboat 66 Phaedo. Phaedo©Latitude 38 Media, LLC In recent years, ultra-fast, ultra-sleek Gunboat catamarans have been among the hottest properties in the sailing world.
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8 Jul 1998 is being dismantled in a bankruptcy sale after 72 years of producing built about 400 vessels, including a dozen Navy patrol gunboats and, 29 Aug 2015 “Gunboat diplomacy” refers to a foreign policy that relies on force or the and Treasury officials in nations that were on the brink of bankruptcy. 9 May 2014 A sovereign borrower cannot be put into bankruptcy and “management” replaced . Gone, thankfully, are the days of the gunboat and occupation 9 Nov 2015 US BANKRUPTCY COURTHOUSE.

But a series of setbacks during the past two years resulted… 2015-11-19 We have long been, and will continue to be, the leader in providing inside stories, great reports from around the globe, along with the informative, snarky, profane coverage that you have come to expect. Others come and go, dilly dally with bullshit, while we remain Anarchists to the core.
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The Yankee gunboats had tightened the mesh at the ports and very few ships were boots because it's goodbye to the Yankee milch cow, hello bankruptcy.

Some are meant for businesses while others were meant for personal If you’re having debt management problems, Explore alternatives to Chapter 7 or Chapter 13 bankruptcy before you file. By Cara O'Neill, Attorney COVID-19 Updates: Retirement Accounts; Stimulus Funds; Online Filings The coronavirus pandemic has impacted millions, but you can still ma If you are deciding if bankruptcy is right for you, the first step is to learn about bankruptcy. Here you'll find overview articles explaining what bankruptcy is, the difference between Chapter 7 and Chapter 13 bankruptcy, how each type of Understanding bankruptcy can be complicated, we are here with understanding what bankruptcy is, when it makes sense to file for it and how to recover after.

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30 nov. 2017 — Festive gunboats?! Skapad av Pumkin Son, you're just askin' for bankruptcy, this here improved model runs on gasoline. Much cheaper".

Now more than ever people are creating their own getaway retreat and ocean adventures… If a Gunboat is at the top of your list, contact @spikeabram at sales@gunboat.com to find out how we can make that happen. 🧙‍♂️ 🪄 ⛵️ It's in some sense Gunboat rehabilitated in the eyes of customers, but it was too late, and at the end of 2015, the company came under the procedure for >bankruptcy. In 2016 Gunboat >under control Grand Large Yachting , Peter Johnstone resigned as Director of the company. 2016-01-26 · Gunboat listed its assets at $1.1 million. The company, which has been operating for fifteen years, filed for bankruptcy due to the expensive cost associated with building their huge catamaran sailboats as well as loss of profits due to defective work done by one of their manufacturers, over which Gunboat reportedly pursued legal action.