Upcoming Recertification Opportunities
Wed
30
2019
October 30, 2019
12:00-1:00PM
CAC e-Seminar
3 CPYB Recertification Credits
Moderated by Larry Thompson, CPYB
view event details >Wed
20
2019
November 20, 2019
12:00-1:00PM
CAC e-Seminar
3 CPYB Recertification Credits
Moderated by Tony Witek, CPYB
view event details >Yacht Broker Showcase
Buying and selling a boat can be more complicated, problematic, and risky than a real estate transaction. Unlike real-estate transactions, only California and Florida cover vessel transactions under state laws. You can eliminate headaches by working with a qualified, reputable yacht sale professional who will help you navigate what could be a complex and difficult transaction. Read more..
08/27/2019
$70.6 Million Verdict Against Yacht Owner Underscores the Importance of Limited Liability Companies
The yachting industry is abuzz amidst the January report that a South Florida jury issued a $70.6 Million verdict against Island Girl Ltd., a Marshall Islands company that owns the Motor Yacht Endless Summer. Although the circumstances surrounding the case are now widely known throughout the industry, in summary, a crew member onboard Endless Summer was raped by another crew member. The victim sued Island Girl Ltd. for negligence in failing to provide a safe working environment among several other things.
08/07/2019
Yacht Broker Showcase
Buying and selling a boat can be more complicated, problematic, and risky than a real estate transaction. Unlike real-estate transactions, only California and Florida cover vessel transactions under state laws. You can eliminate headaches by working with a qualified, reputable yacht sale professional who will help you navigate what could be a complex and difficult transaction. Read more..
08/06/2019
Registration and Titling Changes and How They Affect You!
Did you know that every state has a Boating Law Administrator, or BLA, that is responsible for helping to develop and shape public policy for recreational boating safety in that state? Collectively, these BLA’s form the National Association of Boating Law Administrators, or NASBLA which you may have heard of. The US Coast Guard is also an integral part of NASBLA and works with the BLA’s to ensure their state’s are following policies and guidelines, using boating grant money appropriately, and know and implement the latest boating safety regulations. NASBLA collectively gets together twice per year.
08/05/2019
How Can a Delaware Corporation and Vessel Registry Benefit You?
Owning a large asset, such as a vessel carries certain risks that all owners must navigate. Many boat owners have recognized the value in establishing a Delaware corporate entity to own their vessel, rather than owning it in their name personally. A properly established Delaware corporation or LLC can limit or eliminate your personal liability in the event of an accident or other litigation. Delaware courts have a reputation of reaching reasonable and fair conclusions when construing corporate laws.
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