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Old 03-30-2023, 05:50 AM   #1
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Default 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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Old 03-30-2023, 06:10 AM   #2
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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
Jack Shack? What the hell? The whole family should go down in flames for this. You can’t tell me that the sisters didn’t know of this. Put a for sale sign on it and lock then all up. I hope they lose the place to civil suits. Absolutely disturbing…
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Old 03-30-2023, 07:10 AM   #3
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Jack Shack? What the hell? The whole family should go down in flames for this. You can’t tell me that the sisters didn’t know of this. Put a for sale sign on it and lock then all up. I hope they lose the place to civil suits. Absolutely disturbing…
Couldn't agree more!!

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Old 03-30-2023, 07:14 PM   #4
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How has all of this negative publicity affected WAM?

It appears they're in the midst of an expansion.
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Old 04-13-2023, 08:37 PM   #5
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Default 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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Old 04-18-2023, 06:09 AM   #6
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How has all of this negative publicity affected WAM?

It appears they're in the midst of an expansion.
It hasn’t, new 800’ of dock just installed with a current waiting list.
Also more dredging this summer for additional dock installation.
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Old 04-21-2023, 09:27 AM   #7
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Default 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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Old 04-21-2023, 10:29 AM   #8
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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.

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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Old 04-21-2023, 04:49 PM   #9
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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.
Did you really just throw shade at a guy who said he didn't want to give money to a child molester?
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Old 04-21-2023, 07:35 PM   #10
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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.
"We?" Do you have an ownership interest in the marina?

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!
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Old 04-22-2023, 12:03 PM   #11
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Is the ownership of WAM corportate, partnership, or sole proprietors?
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Old 04-23-2023, 07:43 AM   #12
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Is the ownership of WAM corportate, partnership, or sole proprietors?
West Alton Marina LLC.

https://quickstart.sos.nh.gov/online...usinessID=4731

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Old 04-23-2023, 12:24 PM   #13
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Customers won't be the problem.
Most businesses are experiencing strong customer demand in the area.
The issue will be employees.
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Old 04-23-2023, 02:05 PM   #14
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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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Old 04-23-2023, 02:16 PM   #15
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So if it's an LLC won't it be hard to sue the company?
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Old 04-23-2023, 03:35 PM   #16
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So if it's an LLC won't it be hard to sue the company?
If an LLC member personally guarantees a business's loans or obligations, he or she will be held liable for any default. An LLC won't protect a member who commits a wrongful act or is negligent in a way that results in harm to another person, such as fraud or assault. In a lawsuit you usually name anyone who may have any liability at the beginning and then it gets sorted out by the court and the lawyers as the case proceeds.

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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Old 04-23-2023, 05:02 PM   #17
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If an LLC member personally guarantees a business's loans or obligations, he or she will be held liable for any default. An LLC won't protect a member who commits a wrongful act or is negligent in a way that results in harm to another person, such as fraud or assault. In a lawsuit you usually name anyone who may have any liability at the beginning and then it gets sorted out by the court and the lawyers as the case proceeds.

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.
Plus, if the LLC owns the marina, and the LLC is sued successfully, the marina is gone
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Old 04-23-2023, 05:16 PM   #18
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If an LLC member personally guarantees a business's loans or obligations, he or she will be held liable for any default. An LLC won't protect a member who commits a wrongful act or is negligent in a way that results in harm to another person, such as fraud or assault. In a lawsuit you usually name anyone who may have any liability at the beginning and then it gets sorted out by the court and the lawyers as the case proceeds.

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.
Yes i agree they most likely signed a personal guarantee, and would be responsible for any loans or obligations, but if they did, it makes you wonder why they even ran the business as an LLC. But I can't imagine a bank loaning that kind of money without having a personal guarantee. That's what I'm wondering since it was allegedly a wrongful act, could the LLC and therefore the real estate, be taken and sold to pay accusers. I guess as you said, it will get sorted out.
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Old 04-23-2023, 06:10 PM   #19
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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.
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Old 04-23-2023, 06:15 PM   #20
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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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Old 04-23-2023, 06:48 PM   #21
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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.
Three of the civil cases already entered asset agreement last October. Those cases are now complete.

https://www.laconiadailysun.com/news...9ce12bcc3.html
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Old 04-23-2023, 07:37 PM   #22
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Three of the civil cases already entered asset agreement last October. Those cases are now complete.

https://www.laconiadailysun.com/news...9ce12bcc3.html
Wait, the civil suits aren't settled, are they? Doesn't this simply say the attachment of assets is approved, meaning the marina can't sell or convey assets without notice to the plaintiffs?
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Old 04-23-2023, 07:58 PM   #23
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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.
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Old 04-23-2023, 06:51 PM   #24
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Yes i agree they most likely signed a personal guarantee, and would be responsible for any loans or obligations, but if they did, it makes you wonder why they even ran the business as an LLC. But I can't imagine a bank loaning that kind of money without having a personal guarantee. That's what I'm wondering since it was allegedly a wrongful act, could the LLC and therefore the real estate, be taken and sold to pay accusers. I guess as you said, it will get sorted out.
Because if something happened at the marina like someone fell down and got hurt, or they dropped a boat and damaged it, the liability would be limited to the marina and their insurance company, and not them personally. However when coupled with the alleged crimes that changes things.

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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Old 04-23-2023, 02:39 PM   #25
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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.
That is a strange and uncomfortable response. Perhaps you are a family member to the owners but I think it is safe to say your response was compassionately zero.

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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