Bankruptcy Archives

Brands rise from the ashes

February 5th, 2019

USWatercraft, based in Warren, Rhode Island and the builder and marketer of Alerion Yachts, C&C Yachts, True North Yachts, and

October 22nd, 2018

Bavaria Yachts said it wants to “regain lost trust” after emerging from bankruptcy last month. The German powerboat and sailboat

September 3rd, 2018

Bavaria Yachts, which filed for bankruptcy in April 2018, is reported in IBI News as having negotiated an offer that

June 11th, 2018

(June 11, 2018) – British sailing clothing brand Henri Lloyd has become the latest retailer to appoint administrators, citing “challenging

April 24th, 2018

Bavaria Yachts, one of the world’s largest production boatbuilders, is in financial trouble after US investors decided to withdraw support

March 20th, 2018

Oyster Yachts has been bailed out of administration by gaming software entrepreneur Richard Hadida in a rescue which is hoped

March 4th, 2018

KPMG had set a deadline of Friday March 2 for any parties interested in acquiring Oyster Yachts to come forward.

February 6th, 2018

British luxury boat building company Oyster Yachts, established in 1973, has gone into liquidation. Based in Southampton, with a boat

November 1st, 2017

Vincent A. Indeglia, Esq., the Rhode Island Superior Court appointed Receiver of US Watercraft, LLC, has received an offer to

October 30th, 2017

by Craig Leweck, Scuttlebutt My wife and I have owned an Alerion Express 28 for a year and have grown