Skip to main content

Marshals seize builder’s booth in Lauderdale

U.S. marshals seized the Inace booth at the Fort Lauderdale International Boat Show in response to the company ignoring a $600,000 federal judgment.

The owner of a 111-foot Catalonian Spirit built by the Brazilian yacht company won the judgment on March 11, the South Florida Business Journal reported.

The company has since refused to pay, and attorneys for the owner, with the help of U.S. marshals, sought to execute the judgment at the boat show, said Clay Naughton, an attorney with Moore & Co., who represents the owner.

On Oct. 28, two marshals and some movers seized the Inace booth, collecting computers, furniture, marketing materials and light bulbs, among other belongings.

“The idea behind it is that they are not judgment-proof, sitting in Brazil,” Naughton told the newspaper.

Inace representatives were sharing the booth with the company’s U.S. distributor, All Ocean Yachts. None of the distributor's belongings were seized.

Click here for the full article.

Related

1_YEARGIN

Business for Good

Companies have a unique platform to make people’s lives better through products and services, how we treat employees and the kind of advocate we are for our industry.

DOMETIC-EARNINGS

Dometic Posts Sales Increase for Q4

Net sales of $596 million were up 11% compared with the previous-year quarter, and profit was reported at $2.6 million.

NEPTUNE-AWARDS

Marine Marketers to Present Neptune Awards

The group will hand out its annual honors during the Miami International Boat Show in February.

MARINEMAX-EARNINGS

MarineMax Releases Q1 2023 Results

Record revenue of $507.9 million was a 7% increase over the previous year, and the growth was driven primarily by acquisitions, including IGY Marinas.

VOLVO-EARNINGS

Volvo Penta Reports Q4, FY22 Results

Net sales of $470 million for the quarter were a 33% increase compared to the prior year period.

Pulse-Report

DEALERS: Are You Improving the Service Experience?

Our monthly Pulse Report survey asks this and other questions about your dealership. Take the survey here.

NMRA-SCHOLARSHIP

NMRA Sets Scholarship Deadline

Students pursuing education in the marine trades can apply for the National Marine Representatives Association awards until April 1.

MARINE-PRODUCTS

Marine Products Reports Record Q4

The builder of Chaparral and Robalo boats reported net sales were up 42% for the quarter and 28% for fiscal year 2022.