If this were a trailer park, I believe the tenants can get together and have a purchase priority. Can that law be extended to the marina tenants? I see some similarities.
On the $8.5 million debt--Has that been expended or is it held by the bank(s) as available for expansion projects?
If there are mechanical /maintenance problems, what plumber or electrician will want to work there to fix it unless there is sufficient working capital to pay in advance? Could that force a shutdown?
This is going to be a windfall for attorneys and accounting firms, never mind the criminal lawyers.
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