Ask A Maritime Attorney: What are the legal obligations and responsibilities of a marina when a lender initiates a voluntary repossession of a vessel from its premises?

November 21, 2024
Katherine Clements

Question: “What is the legal obligation of a marina when a lender seeks to do a ‘friendly repo’ from a marina?” Answer This question came to us from a reader who provided no context f

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Ask A Maritime Attorney: What are the legal obligations and responsibilities of a marina when a lender initiates a voluntary repossession of a vessel from its premises?

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