Yacht-Broker Lawsuit Defense Strategy Emerges in Rogue Pleadings
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Targeted by litigation to disrupt the American way of buying and selling boats, several yacht brokerages and the corporate owners of Yacht World listing service are coalescing to craft a common defense.
Judge Michael Moore of U.S. District Court in Miami recently gave defendants more time to gather exculpatory evidence and formulate arguments.
Moore’s order was in response to a motion by Northrop & Johnson, Galati Yacht Sales, MarineMax, United Yacht Sales, HYM Yacht Sales, Permira Advisers and Boats Group. (The Yacht World multiple-listing service is controlled by parent companies Permira and Boats Group.)
The judge’s order applies not only to those above defendants who asked for the delay but also to the two defendant broker associations, the other defendant multiple-listing services and the remainder of the broker-defendants, including Denison Yacht Sales.
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