SailNet Community - View Single Post - Derecktor Shipyards CT Files for Chapter 11
View Single Post
  #1  
Old 01-23-2012
SOUNDBOUNDER's Avatar
SOUNDBOUNDER SOUNDBOUNDER is offline
Senior Member
 
Join Date: Dec 2008
Location: Long Island Sound
Posts: 747
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 6
SOUNDBOUNDER is on a distinguished road
Derecktor Shipyards CT Files for Chapter 11

Derecktor Shipyards Conn. LLC, based in Bridgeport, Connecticut, has announced that it is seeking protection under the Chapter 11 bankruptcy and reorganization laws.

A depressed economy, the cash drain of investment made in building out the Bridgeport facility, and a recent lack of new construction opportunities, have put a tremendous strain on the company’s finances, according a company press release issued January 21.



Derecktor Shipyards Files for Chapter 11 | BoatingLocal.com


https://www.facebook.com/pages/Derec...8755257?ref=ts
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Last edited by SOUNDBOUNDER; 01-23-2012 at 12:49 PM.
Reply With Quote Share with Facebook