SailNet Community - View Single Post - Derecktor Shipyards CT Files for Chapter 11
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post #10 of Old 03-01-2012 Thread Starter
SOUNDBOUNDER
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Now it sounds like the Mamaroneck yard is in trouble:

Derecktor, the yacht builder that has gone bankrupt twice in Connecticut, and now also in New York as its shipyard there seeks Chapter 11 protection, is finished in Bridgeport, according to a city official.
Evicted from its facility, a $1.77 million lien on its equipment, and on Monday the Mamaroneck, N.Y.-based company's shipyard joined Derecktor Connecticut in bankruptcy, leaving Bridgeport's top development official with no doubt about the yacht-maker's future here.



Read more: Derecktor's financial problems hit New York - Connecticut Post


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