{"id":42671,"date":"2011-01-08T09:24:41","date_gmt":"2011-01-08T16:24:41","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=42671"},"modified":"2011-01-08T09:24:41","modified_gmt":"2011-01-08T16:24:41","slug":"powerboat-eliminator-boats-filled-for-chapter-11-restructuring","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=42671","title":{"rendered":"Powerboat &#8211; Eliminator Boats filled for Chapter 11 Restructuring"},"content":{"rendered":"<p style=\"text-align: left;\">Thursday, 09 September 2010 17:25<\/p>\n<p style=\"text-align: left;\">This is, far and away, the saddest piece of industry news I\u00e2\u20ac\u2122ve ever had to report. Eliminator Boats, the perennial leader in the West Coast Custom performance-boat market, is filing for Chapter 11 Restructuring. That means, for those who might not understand the shorthand of restructuring, bankruptcy.<\/p>\n<p style=\"text-align: left;\">It\u00e2\u20ac\u2122s not anything we like doing, but on the other hand the option not to it is fatal,\u00e2\u20ac\u009d said Bob Leach, the owner and founder of the Perris Valley, Calif., company, which in its best years produced more than 300 boats. \u00e2\u20ac\u0153I would rather pay everybody every dollar we owe, but it\u00e2\u20ac\u2122s just not in the cards at the moment\u00c2\u00a0\u00c2\u00a0 &#8230;\u00c2\u00a0 <a href=\"http:\/\/boatermouth.com\/\/index.php?view=article&amp;catid=7&amp;id=2415&amp;option=com_content&amp;Itemid=8\" target=\"_blank\">More<\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/www.stokednews.com\">www.stokednews.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday, 09 September 2010 17:25 This is, far and away, the saddest piece of industry news I\u00e2\u20ac\u2122ve ever had to report. Eliminator Boats, the perennial leader in the West Coast Custom performance-boat market, is filing for Chapter 11 Restructuring. That means, for those who might not understand the shorthand of restructuring, bankruptcy. It\u00e2\u20ac\u2122s not anything [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,30],"tags":[],"class_list":["post-42671","post","type-post","status-publish","format-standard","hentry","category-boating","category-powerboat"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/42671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42671"}],"version-history":[{"count":3,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/42671\/revisions"}],"predecessor-version":[{"id":42674,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/42671\/revisions\/42674"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42671"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}