Assets of Yacht Path International and its related entities were purchased by a sole bidder Monday for $250,000—an amount the company’s co-founder calls “an absolute joke.”
A U.S. Bankruptcy Court judge in Florida denied a trustee’s emergency motion requesting that Yacht Path International be allowed to use cash collateral to continue operations, according to court documents, resulting in the company’s shutdown.
A clean fuel tank, a safe voyage, a barnacle-free hull and peace of mind—the companies in this issue of our newsletter help bring you just that.
Assets of Yacht Path International and its related entities were purchased by a sole bidder Monday for $250,000—an amount the company’s co-founder calls “an absolute joke.”
A U.S. Bankruptcy Court judge in Florida denied a trustee’s emergency motion requesting that Yacht Path International be allowed to use cash collateral to continue operations, according to court documents, resulting in the company’s shutdown.
A clean fuel tank, a safe voyage, a barnacle-free hull and peace of mind—the companies in this issue of our newsletter help bring you just that.
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