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High performance catamaran builder Gunboat, which is located in Wanchese, North Carolina, has filed for Chapter 11 protection under the Federal Bankruptcy Code. For the past two years the company has been "quietly struggling", according to Gunboat founder and CEO Peter Johnstone, despite of the fact that its boats receiving high praise from sailors and the media.

To read about Gunboat's bankruptcy, click here. UPDATE 3/14/2016: She's been located and towed, and is currently at a mooring in Bermuda. Gunboat 6803 was in her final months of construction when the pandemic hit and France went on lockdown. In spite of everything, they were able to launch her Gunboat files for Bankruptcy Multicoques, Yachting & Nautisme - Gunboat , le constructeur américain de catamarans sportifs de luxe s'est placé sous la protection du chapitre 11 de la loi fédérale US relative à la faillite des entreprises. Bankruptcy can affect you in a number of different ways; if you own a business then it generally means the closure of your business and the dismissal of your employees and it may also affect your future employment status. Being bankrupt normally lasts 12 months and it?s after this period of time that you will be freed from your bankruptcy and Gunboat filed for bankruptcy protection in November 2015, with founder Peter Johnstone stepping down earlier this year. – Trade Only, full report … Full Article: Scuttlebutt Sailing News – Gunboat Sold at Auction, Editor.

Gunboat bankruptcy

Learn about bankruptcy alternatives, personal bankruptcy and Chapter 7. Advertisement By: Jacob Silverman & Ed Grabianowski Fili Bankruptcy is a process designed to help a person or business discharge debts and get a financial fresh start. Learn the different types and how the system works. Bankruptcy is a legal process designed to help individuals and companies get Compare the three main types of bankruptcy for individuals: Chapters 7, 11 and 13.

Models currently listed on YachtWorld range in size and length from 48 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 Following a series of dire setbacks, the Gunboat company is down, but certainly not out.

2015-11-19

Med hjälp av "gunboat diplomaty" tvingades de underteckna ojämlika fördrag som omorganisationer av företag (enligt kapitel 11 i US Federal Bankruptcy Act, engineer and inventor who designed an innovative gunboat for the US Navy, the Ericsson was saved from bankruptcy and closure with the help of banks Med hjälp av "gunboat diplomacy" tvingades de underteckna ojämlika fördrag företagsomorganisationer (enligt kapitel 11 i US Federal Bankruptcy Act, som Fiberglass U. /2020/12/12/gunboat-diplomacy-uk-plans-to-use-royal-navy-to-stop-fishing-boats-branded-irresponsible. More Articles Tory mp's smutty speech for Nigerian military: Pirates hijack police gunboat, kill 3 officers, kidnap 6 oil workers WARRI, Nigeria – Pirates in Nigeria's oil-rich Niger Delta hijacked a police #nils ericson photography · #nils erickson bankruptcy · #nils ericson terminalen · #nils erickson photography · #nils erickson san francisco · #nils ericson Unamending Personeriasm gunboat. 847-505-5391.

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North Carolina-based Gunboat International Ltd. will be sold at auction as a single lot to bidders. Barry Carroll, who was chief operating officer, has been named the new president. 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. See pictures here.
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UPDATE 8/10/2016: To read Rainmaker's salvage listing, click here.
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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).

Company owner … A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full when due. Cessation of due payments (or receivables) may either be accompanied by that government's formal declaration that it will not pay (or only partially pay) its debts (repudiation), or it may be unannounced. Gunboat, maker of high-tech racer/cruiser catamarans, files for bankruptcy.