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Anyone here caught up in this Crates disaster?
- Lyndon670
- Admiral
- Posts: 657
- Joined: July 29th, 2013, 11:35 pm
- Vessel Info: 2000 Carver 506
Volvo TAMD74EDC - Location: Georgian Bay
- Has thanked: 124 times
- Been thanked: 140 times
Re: Anyone here caught up in this Crates disaster?
2000 Carver 506
FOXY JOE
Volvo 7.4TAMD
Queens Cove Marina
Georgian Bay, Ontario
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- Deck Hand
- Posts: 73
- Joined: May 18th, 2014, 8:57 am
- Vessel Info: 2006 Carver 46MY
- Been thanked: 8 times
Re: Anyone here caught up in this Crates disaster?
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- Deck Hand
- Posts: 84
- Joined: September 21st, 2014, 9:55 am
- Vessel Info: 'After Taxes'
2004 Carver Mariner 360
Lake Simcoe & Georgian Bay,
Ontario, Canada - Location: Lake Simcoe Marina
- Has thanked: 6 times
- Been thanked: 17 times
Re: Anyone here caught up in this Crates disaster?
http://www.farberfinancial.com/insolven ... ited-et-al
As for Lagoon City Marina, where I'm docked, it is NOT and NEVER was owned by Crates organization. It is owned by a Toronto investment corporation, which leased the marina to Crates as the operator. Crates holds a lease on the marina, which expires shortly, thus PRIDE MARINE GROUP have now become the operator/tenant. I'm extremely happy that Crates of Keswick never owned Lagoon City. We boat owners at LCM have had a number of unpleasant situations to deal with because of the bankruptcy.
Pride Marine has been in contact with many boat owners at LCM, in preparation for the spring season. I have no experience with the Pride folks, but hope they will run LCM well.
Someone above mentioned Crates Orillia, or Crates Lake Country Boats, which is another business entirely, and not connected with the now bankrupt Crates Marine Sales/Marina in Keswick, Ont. [different owners but of the same family] If doing business with Crates Lake Country Boats in Orillia, you have nothing to worry about.
As for the Keswick operation, there is an offer to purchase currently before the bankruptcy courts for approval.
MerCruiser MX 6.2
Lake Simcoe, Ontario

- feeez
- Commander
- Posts: 421
- Joined: May 14th, 2014, 6:32 am
- Vessel Info: 2001 350 Mariner
- Location: Beacon Bay Penetanguishine Ontario
- Has thanked: 52 times
- Been thanked: 65 times
Re: Anyone here caught up in this Crates disaster?
I am very happy to hear that boaters at Lagoon City are going to be OK through this as it could have been a real @#$% storm if Crates had owned. I have been through the receivership process at a company I worked for before and it is no fun for anyone.
Good boating to all in 2015.....
- Lyndon670
- Admiral
- Posts: 657
- Joined: July 29th, 2013, 11:35 pm
- Vessel Info: 2000 Carver 506
Volvo TAMD74EDC - Location: Georgian Bay
- Has thanked: 124 times
- Been thanked: 140 times
Re: Anyone here caught up in this Crates disaster?
No luck, it was a draft and was deposited into the the "in trust" account on Saturday afternoon and then immediately removed from the business.
It hurt.
2000 Carver 506
FOXY JOE
Volvo 7.4TAMD
Queens Cove Marina
Georgian Bay, Ontario
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- Scurvy Dog
- Posts: 6
- Joined: September 29th, 2013, 10:06 pm
- Vessel Info: 1988 Carver 3257 Montego
1990 Carver 3897 Santego
Re: Anyone here caught up in this Crates disaster?
- Lyndon670
- Admiral
- Posts: 657
- Joined: July 29th, 2013, 11:35 pm
- Vessel Info: 2000 Carver 506
Volvo TAMD74EDC - Location: Georgian Bay
- Has thanked: 124 times
- Been thanked: 140 times
Re: Anyone here caught up in this Crates disaster?
2000 Carver 506
FOXY JOE
Volvo 7.4TAMD
Queens Cove Marina
Georgian Bay, Ontario
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