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NOVEMBER 2022
News 1-11 | Person Behind the Face 6 | Business Matters 12 | Professional Services 32 | People 33 | Profile 34
Ex-BOSS ORDERED TO PAY £1m
News
Boatbuilder buys premises Distributor is acquired; Boatyard founder dies pages 1-11
Metstrade Preview An ex-boss of Discovery Yachts Group will have to pay over a million in compensation to a couple who sued the company over their leaking boat. Both Discovery Yachts Group and boat builder Discovery Yachts Ltd, are in liquidation – but Discovery Group’s exdirector Sean Langdon, 58, will now have to pay £1.12m compensation in person after losing a lawsuit. Former paratrooper and deep-sea diver Andrew France and his wife Maria bought the 58-foot Discovery sailing yacht ‘Elusive’ for £1.5 million in January 2017. They then sued Southampton-based Discovery Yachts Sales Ltd (DYS) and Discovery Yachts Group Ltd – claiming the boat was ‘not watertight’, after one of the cabins flooded just three days after delivery. Following a Supreme Court trial in December 2019, Judge Justice Teare upheld the claim against both companies and
8 Discovery Group’s ex-director Sean Langdon, 58, will have to pay £1.12m compensation in person after losing a lawsuit
awarded the couple more than £1 million in compensation and costs. Mr Langdon then challenged a Supreme Court decision last year which found that he was personally liable. But the latest court hearing chucked out the appeal and upheld rules which automatically hold executives liable for their company’s debts. It was also ruled that Mr Langdon is responsible for payout after he admitted to unknowingly violating Section 16 of the Insolvency Act by continuing to use the name ‘Discovery’ following the liquidation of Discovery Yachts Ltd. Discovery went into voluntary liquidation in January 2022. Following that, Ocean Shipyard secured exclusive rights to hand build the Southerly 42, Southerly 48 and Bluewater 50 Catamarans.
48 nominations Type approval Endorsement pages 14-24
Deck Hardware
Joint shipyard MD dies Henk Wiekens, joint MD of Pendennis Shipyard has died. Henk was a time served engineer who managed his own yacht building companies in Holland and New Zealand for 12 years before joining Pendennis in 1988 after yachtsman and entrepreneur Peter de Savary bought a local yacht building firm and relocated it to Falmouth Docks. Henk and his fellow MD, Mike Carr, carried out a management buyout in 1993 with their first major project being a rebuild of the 1903 classic 170ft schooner Adela. “Henk has been instrumental in the growth and development of Pendennis and has inspired generations
of talent from all areas of the marine industry,” said the shipyard in a statement. “Henk was so proud and felt privileged to have worked with so many wonderful people over the years and his love for life, energy and endless enthusiasm will be missed by many across the world and of course by the whole team at Pendennis.” When Mike and Henk took over the yard there were around 70 staff on site. Pendennis has since seen considerable growth and currently employs around 450 tradespeople.
Next generation Contemporary interpretation New power jammers pages 26-30
I consider Chris and the Knot Agency team respected members of our Barton Team, taking key roles to expand and build our image. The value of their advice and marketing support is outstanding. Easily measured by our growth and appeal globally. Suzanne Blaustone - CEO Barton Marine
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