Crownline auction postponed

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An auction that was scheduled to take place this morning in Chicago for the assets of Crownline Boats has been "postponed indefinitely," according to a spokeswoman at the law office of Proskauer Rose.

She did not have any information as to why this morning's auction was cancelled.

The auction was set to begin at 10 a.m. central time. The assets included all of Crownline's machinery, equipment, tooling, fixtures, molds, furniture, intellectual property, computer equipment, operating systems, accounts receivable, raw and finished goods inventory and customer information.

Crownline shut down production in December and had originally planned to reopen in March. In March, the company announced it would not be reopening.

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