Caterpillar Inc. agreed to pay $46 million to settle litigation over a marine engine that caught fire at a Mobile, Ala., shipyard in 2008, the law firm Cunningham Bounds LLC said last week.
Trade Only follows developments in lawsuits that can have a significant effect on companies or sections of the worldwide marine industry.
Colin A.J. Chisholm and his wife, Andrea, are in jail in Minnesota, but for years they lived the life of the rich and famous, buying an 83-foot Trumpy motoryacht and living in luxury homes in Minnesota and Florida.
U.S. Rep. Steve Israel, D-N.Y., is introducing legislation that would require new boats up to 45 feet to display maximum capacity signs, the most recent legislative response to an accident nearly two years ago that left three children dead after a 34-foot boat carrying 27 people capsized on Long Island Sound.
Federal prosecutors charged a Florida paint and coatings manufacturer with conspiring to unlawfully produce and continue sales of a bottom paint containing the pesticide tributyltin methacrylate, or TBT, and falsely representing to customers and distributors that it was in compliance with federal law.
Cablz Inc. filed a patent infringement lawsuit against Chums Inc., saying that the company illegally used its “stay-off-the-neck” eyewear retention system.
A boat captain is facing up to life in prison after admitting that he smuggled more than 1,100 pounds of cocaine — with a street value of about $14.5 million — into South Florida on board a luxury charter yacht called Secret Spot.
The man whose bride-to-be and best man were killed when the powerboat they were in crashed into a construction barge on the Hudson River last summer is among the latest to sue the joint venture building the new Tappan Zee Bridge, as well as the boat’s driver.
Two years after three powerboat racers were killed in the Key West World Championship, the family of one of the victims filed a wrongful death lawsuit in Broward Circuit Court. William Tillman, uncle and personal representative of the estate of Big Thunder driver Jeffrey JT Tillman of Missouri, sued Super Boat International Productions president John…more
Victims of the Wall Street ferry that crashed into a New York pier earlier this year were awarded nearly $1 million in damages for the injures they received. William R. Bennett III, one of the lawyers representing ferry operator SeaStreak, told The Maritime Executive that the company had settled 40 to 45 claims out of…more
A federal court in Connecticut denied three motions for summary judgment from marine manufacturer Lewmar in a trademark infringement and unfair trade practices case. Dax Labs LLC announced that a trial on the remaining issues in the case is scheduled to begin later this year. Dax said Lewmar said in its motions that it did…more