Join Date: Dec 2008
Location: Long Island Sound
Thanked 0 Times in 0 Posts
Rep Power: 7
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
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 11:49 AM.