Tuesday, June 2, 2009

Genmar Files for Bankruptcy

(AP) 600 boat building jobs were lost in Little Falls as Genmar Holding tried to deal with falling sales. Despite the cuts, company founder Irwin Jacobs says his company was forced into Chapter 11 bankruptcy protection.

Jacobs expects revenues will be off by more than 50% for the year ending June 30th, or about $460 million.

The boating industry has suffered from high gasoline prices and the recession.

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1 Comments:

At October 28, 2009 at 10:39 AM , Blogger davslyn said...

HOW TO FILE AGAINST GENMAR CORPORATTION OR ANY OF ITS SUB COMPAINES BANKRUPTCY’S
TO ALL PERSONS WHO HAVE BEEN CHEATED, LIED TOO OR STOLEN FROM BY GENMAR/RANGER BOATS OR ANY OF GENMARS COMPANIES UNDER BANKRUPTCY. THIS INCLUDES ANY INDIVIDUAL, CUSTOMER, GENMAR DEALER ARE REPERSENATIVE, THAT FEELS CHEATED ARE DEFRAUDED BY ANY MEANS, INCLUDING ALL CRIMINAL OR CIVIL MATTERS, ALL PURCHASES, DEALER CONTRACTS, WARRANTY ISSUES, REPAIR ISSUES, ETC. PLEASE BE SURE TO FOLLOW THRU WITH THESE. EACH ONE TAKES LESS THAN 3-4 MINUTES TO FILL OUT. ITS TIME ALL THE CUSTOMERS CONTROLED THE OUTCOME. THANKS.

Below are the links for forms that can be used to file a claim against Genmar, Ranger, and any other Genmar companies.
http://www.uscourts.gov/bkforms/bankruptcy_forms.html

If you are owed money from any Genmar company for ANY REASON, you may file a claim in the Genmar Bankruptcy, or the Bankruptcy of that particular company. ( case numbers below)
http://www.uscourts.gov/rules/BK_Forms_Pending_2008/B_010_1208v4.pdf

If you have a cause that is not specific money related, and involves any corrupt or unscrupulous action or actions by a Genmar Company, Rep, Dealer, on a sale , warranty, etc, you can file a adversary proceeding, which starts a separate action from the bankruptcy case in the same court.
INSTRUCTIONS
http://www.uscourts.gov/rules/BK_Forms_09_Official/Form_16D_Caption_Adversary_Proc_INSTRUCTIONS_0509.pdf

FORM

http://www.uscourts.gov/bkforms/official/b16d.pdf



ALL CLAIMS FORMAS AND ADVERSARY PROCEEDING FORMS MUST BE MAILED TO THE BANKRUPTCY COURT CLERK BY 11/18/2009



Mail completed forms to:

Bankruptcy clerks office
301 U.S. Courthouse
300 South Fourth Street
Minneapolis MN 55415


U.S. Trustee
Sarah J Wencil
300 South Fourth Street
Suite 1015
Minneapolis, Mn 55415

Debtor Attorney
James Baillie
200 South Sixth Street
Suite 4000
Minneapolis MN 55415

Companies and associated case numbers::

Genmar Holdings,09-43537 // Carver Industries 09-43538 // Carver Italia 09-33773 // Carver Yachts 09-33774 // Genmar Florida 09-43539 // Genmar Industries 09-43540 // Genmar IP 09-43541 // Genmar Manufacturing Kansas 09-43542 // Genmar Michigan 09-43543 // Genmar Minnesota 09-33775 // Genmar Tennessee 09-43544 // Genmar Transportation 09-43545 // Genmar Yacht Group 09-43546 // Marine Media 09-43547 // Minstar 09-43548 // Trimuph Boats 09-43550 // VEC Leasing 09-43552 // VEC management 09-43553 // VEC Technology 09-43554 // Windsor Craft Yachts 09-43555 // Ranger Boats; Wood Manufacturing Company, Inc. 09-43556

 

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