Marquis Yachts reached a settlement with European builder VanDutch Marine after filing a lawsuit alleging that VanDutch had breached an agreement for the Wisconsin builder to produce its yachts.
Trade Only follows developments in lawsuits that can have a significant effect on companies or sections of the worldwide marine industry.
Two New Jersey men were indicted Saturday and accused of committing fraud through their boat sales business.
The village of Key Biscayne in Florida filed a lawsuit against the National Marine Manufacturers Association over plans to hold the Miami International Boat Show at the Miami Marine Stadium in 2016.
A Virginia court denied Sea Ray Boats’ request to move a patent infringement lawsuit filed by Cobalt Boats to Tennessee, in part because of developments in technology.
Cobalt Boats is suing Sea Ray Boats, alleging that the company has infringed on Cobalt’s patent for a submersible swim step. The complaint, filed in U.S. District Court for the Eastern District of Virginia, contends that Sea Ray’s “reckless” infringement of the patent has caused Cobalt to lose sales.
Key Biscayne elected officials and staff met with Miami city employees for their first conflict assessment meeting last week regarding plans for the 2016 Miami International Boat Show.
Sea Ray Boats is denying allegations that it infringed on a Cobalt Boats patent with its submersible swim step.
A lawsuit filed over plans to hold the Miami International Boat Show at Miami Marine Stadium in 2016 is being resolved and is in mediation.
Kwik Tek is suing Nash Manufacturing and Wow Watersports LLC, saying the companies infringed on Kwik Tek’s patent for its Sportstuff Booster Ball and Airhead Bob products.
A Florida fisherman convicted of tossing undersized grouper off his boat is off the hook after a divided Supreme Court ruled Wednesday that he should not have been prosecuted under a law targeting accounting fraud.