A marine coatings company and two executives who pleaded guilty in October to willfully conspiring to obstruct the Environmental Protection Agency by selling a known pesticide were fined more than $1 million and sentenced to prison time.
Trade Only follows developments in lawsuits that can have a significant effect on companies or sections of the worldwide marine industry.
The wives of fishermen from Oregon’s largest commercial fleet are suing to stop the Coast Guard from closing its rescue helicopter station in Newport, a seaport town about 100 miles southwest of Portland.
A man with a $1.4 million yacht who said he was Scottish royalty has pleaded guilty to welfare fraud.
Several U.S. Supreme Court justices were skeptical of arguments Wednesday from a government lawyer defending the prosecution of a Florida fisherman who threw three undersized red grouper back into the Gulf of Mexico.
A judgment between Nautique and Malibu Boats over a patent infringement case could occur as early as December and a trial remains scheduled for February.
Malibu Boats agreed to pay $20 million in cash to settle an intellectual property rights lawsuit by Pacific Coast Marine Windshields Ltd., resulting in a net loss for the fourth quarter.
Arctic Cat filed a patent-infringement lawsuit against Bombardier Recreational Products and BRP U.S. on Thursday, alleging that the makers of Sea-Doo personal watercraft infringed on Arctic Cat’s intellectual property regarding off-throttle steering.
Four executives at New Nautical Coatings, doing business as Sea Hawk Paints and Sea Hawk Refinish Line, pleaded guilty in U.S. District Court in Florida to criminal charges in connection with a scheme to unlawfully sell a marine coating that contained an unregistered pesticide.
The U.S. Court of Appeals for the Eleventh Circuit ruled that a yacht owner is not liable for additional costs incurred by a third party in the overland transportation of a yacht if the owner had no knowledge of or contract with that third party.
A Michigan lawyer who was a passionate sailor was sentenced last week to more than five years in federal prison for bank fraud and money laundering.