View Single Post
Old 04-24-2023, 10:05 AM   #39
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 4,004
Thanks: 1,204
Thanked 1,498 Times in 975 Posts
Default

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.
Descant is offline   Reply With Quote