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West Alton Marina Manager finally indicted
Former West Alton marina Manager John Murray III has been indicted on Federal charges of child pornography (12 counts) and sex trafficking (4 counts) from incidents dating back to 2015.
Long overdue! |
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I hope he never sees the light of day again. I dealt with him and his "partner" who also is indited. They both are the worst kind of people and need to be confined.
The saga of the lawsuits will be long and painful for all involved but the marina will also change hands to the victims I believe. |
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Dan |
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Good news?
https://www.wmur.com/article/hearing...shire/42182625
Let’s hope he can’t harm anyone in his remaining life span. |
Murray Sentenced
A 25 year sentence for a 56 year old should take care of the problem for a long time!
https://www.laconiadailysun.com/news...e6b7ee36c.html |
Life!
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Dan |
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This was for the federal charges. He still faces State charges as well as 8 civil suits according to WMUR.
Hopefully Fortier gets similar. I am sure prison won't be kind to them. These type of offenders aren't looked upon positively by fellow inmates. |
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Possibly Additional State Charges
Murray was also indicted on three counts of aggravated felonious assault and one count of sexual assault involving a victim aged 13 to 15. Those charges will be adjudicated at the state level.
https://www.laconiadailysun.com/news...6066b107f.html |
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Amen
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Dan |
How has all of this negative publicity affected WAM?
It appears they're in the midst of an expansion. |
Fortier Trial Delayed
Fortier’s attorneys say the defense needs additional time to examine certain documents related to the case.
A final pretrial hearing in Murray’s case has been scheduled for April 28, with jury selection set to begin on May 15. https://www.laconiadailysun.com/news...10a1586b6.html |
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Also more dredging this summer for additional dock installation. |
Choices
People can make their own choices related to their knowledge of this entire situation. They will not be getting any of our money to pay for lawyer's fees. We'll let the legal system figure this out, and then decide if we want to have a slip at their facility.
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No Problem. Your Loss! When we get done with the new facility it will be the envy of the Lake. I believe this is going to be just the start. 3 Years when the total project is done. All I can say now is " WOW ". Please have an incredible summer this season. |
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Several potential buyers have looked at it as an investment but there is $8.5 million in debt on the property. The second problem, after that debt, is the liens on the property from the victims who have suits against the offenders. It would be difficult for anyone to purchase the property without knowing how it will all settle out and that will take time. What a mess! |
Is the ownership of WAM corportate, partnership, or sole proprietors?
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Llc
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https://quickstart.sos.nh.gov/online...usinessID=4731 Dave |
Customers won't be the problem.
Most businesses are experiencing strong customer demand in the area. The issue will be employees. |
As an LLC WAM stands firmly in the cross hairs viz. compensation of victims.
See: https://www.legalzoom.com/articles/p...llc-protection I wonder how it will shake out? Certainly the perpetrators interest in WAM will be liquidated and used to pay for any damages / restitution oredered. How exactly might this happen, given there are other members of the LLC? Stay tuned... |
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What is clear is that the victims of the abuse will have an ownership interest in the business as they should. Brian and his wife are sick folks who will be kept up late in prison at night for social activities. |
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In my experience with commercial loans the bank almost always has you sign personally for any credit extended. One would think that was the case with the $8.5 million in loans. |
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The assets will definitely be in play assuming victims win settlements on this.
As to why it's an LLC, that's the appropriate entity, hard to find a reason to have any other sort of entity for a private company these days. |
Personally speaking, and just to be clear I'm not a client of WAM ... I don't hold it against anyone for either keeping their slip there or someone new taking a space. Say someone has had a slip for years there, enjoyed it with their family, the location and services work well for them. I don't feel it's anyone's obligation to leave. The idea of "don't give any money to the family" is valid if you feel that way, but I don't feel that anyone should be made to feel bad for staying.
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https://www.laconiadailysun.com/news...9ce12bcc3.html |
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Obviously, you can sue anyone, but getting a successful outcome in court may be a different thing. (OJ told me that) |
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The attachments were filed with the original suits.
These are the settled asset agreements. "The agreement states the marina will not sell, transfer or allow another individual or organization to make a claim on any real estate or other property without giving the plaintiffs at least 45 days notice of such action to give the defendants time to ask the court to impose an attachment. In return, the three plaintiffs removed motions for attachments filed earlier this year." The lawsuits remain. But the marina can remain doing business... and speculation to an outside buyer is moot. An attachment could stop the marina from having the necessary cashflow to operate... doing any maintenance or upgrade. The problem the marina will have is hiring employees. Low cost seasonal employees are at a premium - very hard to find. |
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. |
Pretty certain that unless it is a condo type situation like MT View where the slips are owned, that the rights of renters at a marina are very limited. Tenants at will
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I think Cobalt is right. Nothing at all like a trailer park that transitions to a ROC (resident owned community).
It is in the best interests of the people who have attached the marina for it to continue to operate, so I would be very surprised if all maintenance contractors were not paid as promised. I don't think this is a bankruptcy yet so they don't get bankruptcy protection though. I guess if it was me I'd see if there is any court ordered protection for contractors, and if not would only do work paid in advance. |
This is a most unfortunately situation.
The bottom line however is that the Marina will live on, even once the dust settles.... Now could it go from being privately owned to something else? Possibly dependent on how the court cases go, the family may have to sell at least part of the entity to investors to raise capitol, or they could elect to sell the entire thing. However this is America, Innocent until proven guilty...... so the family is doing what they must which is continuing to move forward with the expansion of their business.....Has this situation hurt the business, I am sure it has....But at the end of the day, they have a facility on a lake that has a shortage of slips as it is.... They aren't going to be my first choice for gas or service, but if they are the only option open to me, I would prefer to be boating....... |
It's a family LLC, I assume the perp owns a proportionate number of shares in the LLC.
I believe the best result would be to have his shares sold to the highest bidder, and have the proceeds distributed to the claimants without touching the shares of other family members: why should they suffer because of their sibling's actions? Are they really their brother's keeper? They probably cannot buy him out but perhaps with a loan from a bank they could, otherwise an outside can weasel their way in. |
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Sent from my iPhone using Tapatalk |
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Other have been saying the Marina could be "gone" but it seems to me that if there is a judgement against the assets of the marina, the LLC could finance or sell to get the funds. If outright sold, it is possible that the new owner could decide to close the marina and build something more valuable, like condos with water access. I have NO IDEA of what is feasible or would be most profitable but one option for a new owner would be to continue to operate the marina and put a new management team in place. We have no idea what responsibility and what penalty will be assessed to the LLC. The legal process, by calling out the assets of the LLC, has stated that those assets MAY BE encumbered and therefore the LLC needs to keep the victims informed of their status. That's a reasonable and common thing to do. |
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It seems that these kind of situations result in the entirety of the defendant's assets being liquidated to pay for legal fees ..... the trials will go on until there is no more money to pay the lawyers & victims.
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MY analysis assumed not. |
I believe the suits named the LLC... because of the asset agreements.
The LLC was their employer, and thus had some duty of care for the work environment. |
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