
Judge OKs sale of Genmar companies
Irwin Jacobs comes away with two yacht lines, but key dealer questions remain unresolved Genmar Holdings was once the world’s second-largest manufacturer and distributor of

Irwin Jacobs comes away with two yacht lines, but key dealer questions remain unresolved Genmar Holdings was once the world’s second-largest manufacturer and distributor of
MCBC Hydra Boats, which purchased Hydra-Sports in the Genmar bankruptcy proceedings for $1 million, is a subsidiary of the same company that owns MasterCraft Boat
According to the debtor-in-possession financing arrangement, Wells Fargo will honor any check written to vendors between now and the closing of the sale of Genmar
With J&D Acquisition’s purchase of Carver and Marquis yachts complete, the company was renamed Marquis Yachts LLC and Robert Van Grunsven was named president of
A bankruptcy court judge in Minnesota Wednesday approved all bids for Genmar’s assets, chief restructuring officer Mark Sheffert said. The sale will officially close Jan.
A sale approval hearing for the assets of Genmar Holdings was scheduled to begin at 10:30 a.m. this morning in U.S. bankruptcy court in Minneapolis.
The Official Committee of Unsecured Creditors in the Genmar bankruptcy case is asking a judge to set aside the results of last week’s auction or,
Although the auction is over for the assets of Genmar Holdings, uncertainty remains for thousands of unsecured creditors, dealers and former or current employees. On
California-based Platinum Equity has purchased “essentially all the assets” of Genmar Holdings for $70 million, chief restructuring officer Mark Sheffert confirmed to Soundings Trade Only.
The auction for Genmar’s assets was scheduled to start at 11 a.m. EST this morning in Minneapolis. Bids were due Monday. The auction is being managed

Irwin Jacobs comes away with two yacht lines, but key dealer questions remain unresolved Genmar Holdings was once the world’s second-largest manufacturer and distributor of
MCBC Hydra Boats, which purchased Hydra-Sports in the Genmar bankruptcy proceedings for $1 million, is a subsidiary of the same company that owns MasterCraft Boat
According to the debtor-in-possession financing arrangement, Wells Fargo will honor any check written to vendors between now and the closing of the sale of Genmar
With J&D Acquisition’s purchase of Carver and Marquis yachts complete, the company was renamed Marquis Yachts LLC and Robert Van Grunsven was named president of
A bankruptcy court judge in Minnesota Wednesday approved all bids for Genmar’s assets, chief restructuring officer Mark Sheffert said. The sale will officially close Jan.
A sale approval hearing for the assets of Genmar Holdings was scheduled to begin at 10:30 a.m. this morning in U.S. bankruptcy court in Minneapolis.
The Official Committee of Unsecured Creditors in the Genmar bankruptcy case is asking a judge to set aside the results of last week’s auction or,
Although the auction is over for the assets of Genmar Holdings, uncertainty remains for thousands of unsecured creditors, dealers and former or current employees. On
California-based Platinum Equity has purchased “essentially all the assets” of Genmar Holdings for $70 million, chief restructuring officer Mark Sheffert confirmed to Soundings Trade Only.
The auction for Genmar’s assets was scheduled to start at 11 a.m. EST this morning in Minneapolis. Bids were due Monday. The auction is being managed