MINNEAPOLIS – Below is a list of Boating Industry’s top 10 e-news items for 2011.
Woman awarded $30 million for wakeboarding accident – A California jury awarded $30 million to a woman who was struck by a boat propeller in a wakeboarding accident.
Department of Energy: E15 causes “severe damage” to marine engines – A Department of Energy report revealed results from two studies conducted on marine engines that showed E15 can cause severe damage to marine engines.
Boat information site draws industry criticism – A new website modeled after the auto industry’s Edmunds.com drew widespread criticism from marine industry groups.
Genmar creditors asked to return payments – The bankruptcy trustee for Genmar Holdings Inc. has moved to collect a number of payments paid to Genmar’s creditors within 90 days of the company’s June 2009 bankruptcy, which is against federal bankruptcy law.
Boating Industry magazine announces the 2011 Top 100 – Boating Industry Magazine names the Top 100 marine dealers in North America.
Genmar bankruptcy trustee moves to recover funds – Irwin Jacobs, former owner of bankrupt Genmar Holdings Inc., was recently listed as a defendant on a complaint filed in U.S. Bankruptcy Court.
Abandoned boats as economic indicator – Some waterfront communities are measuring their economic status by the numbers of abandoned boats near shore and in ports and marinas.
Former industry leader indicted for extortion – Glenn Mazzella, a former boat dealer and one-time chairman of the Marine Retailers Association of America, was indicted as part of the FBI’s roundup of 127 suspected mafia members on charges of racketeering, extortion and conspiracy.
Jacobs initiates lawsuit against SeeDealerCost.com – In a letter to dealers and sales reps of his boat brands, Irwin Jacobs said he would initiate a lawsuit against SeeDealerCost.com.
Premier Marine launches new website – Premiere Marine announced the relaunch of www.pontoons.com.