Skip to main content

Marina developer files for bankruptcy protection

Foxland Harbor Marina LLC filed Dec. 31 for Chapter 11 bankruptcy protection in U.S. bankruptcy court in Nashville, Tenn.

The group had planned to develop a marina off Old Hickory Lake in Gallatin, according to a report in The Tennessean.

The group is seeking approval from the Army Corps of Engineers to build a full-service marina at Station Camp Creek.

The bankruptcy filing includes an estimate of $1 million to $10 million in assets and a similar range for liabilities, the newspaper reports.

Click here for the full article.

Related

FARSOUNDER

FarSounder Announces Leadership Changes

Matthew Zimmerman will take over as CEO for Cheryl Zimmerman as she transitions to a new role as market development strategist.

1_MARKETUPDATE

U.S. Stocks on Verge of Bear Market

Investors, analysts and small-business owners are growing more pessimistic about economic conditions.

1_SAFEBOATINGWEEK

Resources Available for Safe Boating Week

The Safe Boating Campaign and marine associations have issued videos and other materials to promote this week’s observance.

1_MIASF

MIASF Holds Annual Meeting

The South Florida trade organization announced new and reelected members, handed out awards, and arranged presentations by business leaders.

1_GASPRICE

Gas Reaches Record $4.59 Per Gallon Average

With Memorial Day weekend approaching, the summer driving and boating seasons will contribute to continued demand for gasoline.

1_MILLERMARINE

Power Lodge Acquires Miller Marine

The deal gives marine and powersports dealer Power Lodge four locations in Minnesota and one in Florida.

1_DOWDIVE

Boating Shares Suffer in Market Selloff

Major U.S. stock indices weakened yesterday, and recreational marine shares fared even worse on a percentage basis.