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      Abbreviated rules   07/28/2017

      Underdawg did an excellent job of explaining the rules.  Here's the simplified version: Don't insinuate Pedo.  Warning and or timeout for a first offense.  PermaFlick for any subsequent offenses Don't out members.  See above for penalties.  Caveat:  if you have ever used your own real name or personal information here on the forums since, like, ever - it doesn't count and you are fair game. If you see spam posts, report it to the mods.  We do not hang out in every thread 24/7 If you see any of the above, report it to the mods by hitting the Report button in the offending post.   We do not take action for foul language, off-subject content, or abusive behavior unless it escalates to persistent stalking.  There may be times that we might warn someone or flick someone for something particularly egregious.  There is no standard, we will know it when we see it.  If you continually report things that do not fall into rules #1 or 2 above, you may very well get a timeout yourself for annoying the Mods with repeated whining.  Use your best judgement. Warnings, timeouts, suspensions and flicks are arbitrary and capricious.  Deal with it.  Welcome to anarchy.   If you are a newbie, there are unwritten rules to adhere to.  They will be explained to you soon enough.  

Annapolis 105er

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About Annapolis 105er

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  1. Team NYYC

    Mr. Fauth and Terry spoke at the NYYC annual meeting last night, reported lots of progress, still lots more to do but very encouraging. Overall concept is “win and defend,” meaning create a multi-generational team that both wins the current edition and seamlessly rolls in to defending the next. Some very exciting announcements coming up that will broaden the team and its base of support. Club is all-in and I think the team will soon start attracting support from the broader US sailing community.
  2. Why Circolo della Vela Sicilia?

    Can anyone shed some light on why CVS was chosen by Luna Rossa as their club, as opposed to another Italian club? Absolutely no disrespect to CVS intended but I have been in Sicily for the past few weeks and the island does not strike me as a hotbed of yacht racing. Could it be that, just as Taormina was chosen for the recent G7 meeting (over Florence) to raise Sicily's profile with tourists and help the economy, LR hopes to boost Sicily's economy as well? Is there a family or regional connection? Again, no disrespect intended, just interested in the backstory.
  3. strict class

    I think the bigger news here is Melges, not North. Interesting that Melges is reinventing as a service organization, repping a non-pro boat they did not design and are not building, but are still branding as their own. Huge change of business model for them. Interesting that NYYC made a point of going with designers, builders and class organizers that don't start with "J/" even though J has a much more successful track record designing, (contracting for the) building and growing Corinthian fleets. Is NYYC trying to support a diverse sailing industry, much like the military tries to spread contracts around? Other than North/Southern, and perhaps Mills, would anyone have predicted the companies chosen to run with this program? I love the idea but fear the inevitable change or addition of builders (with resulting differences between boats), Melges-ization of the rules (I give it one year before pros are allowed) and battle royal between NYYC and everyone else for control of the class NYYC should have kept complete control until after the 2019 Resolute Cup.
  4. J70, cheating and pros

    I am at the event (although not racing) and saw the photos and talked with some of the poobahs last night. It's definitely not a question of production tolerances, the mods (if not done by the same shop) all have the same design philosophy. And the list is not the full list of boats that were caught, it's just the list of those who chose to fight the measurers. Other boats just packed up and left quietly. The national and international class organizations, administrators and measurers are working really hard to do the right thing, it's great to see them getting some credit for doing so.
  5. AC Youth Cup

    Really disappointing lack of women on these teams. This is how the AC organization and Red Bull want to represent the best young people involved in sailing? Lousy way to attract female athletes to the sport.
  6. Chapter 11 for Gunboat

    Would be timely for you put this baited hook back in the water again and see if anyone who knows more than I will bite -- but the short answer is yes, there is news, within the past few weeks.
  7. NYYC foiling tri

    Wrong on all counts.
  8. Chapter 11 for Gunboat

    Here is a recent court filing that summarizes most if not all of the proceeds from the sale of old Gunboat's assets. They seem to be trying to wrap everything up by the end of the calendar year. Cash sale proceeds were roughly $2.4 million. I assume commissions, legal fees and operating costs during the bankruptcy come off the top, leaving maybe $1.5 - 2.0 million for distribution to creditors. Secured creditors will get most if not all of that. Unsecured creditors will get nothing or close to it. Peter Johnstone's DIP loan may still be in there too, and if so would be repaid first, even before the secureds. Would be interesting to see the final settle-up but I don't know if that will be made public. Commissions.Finley.App.pdf
  9. Chapter 11 for Gunboat

    Good question, wish I didn't have to answer it but, as you say, we have not sold the boat yet. We've had two contracts on the boat, both for prices above where the boat is listed now, but neither buyer came up with the funds to close so we didn't get to the point where their deposit was at risk. In other words, they didn't close because they didn't have the funds, not because the boat failed survey, etc. The bankruptcy hasn't helped, of course. Potential buyers have wanted to see whether the company would survive, whether other 55s would be on the water with them and, most importantly, whether there would be a service and support organization in place going forward, aside from the Gunboat family that has always been there for us informally. With the new owners of Gunboat, increased visibility of the 55 and addition of Soma and others to the company team, we're experiencing increased interest in the boat. Gunboat is fielding literally scores of inquiries on new and existing boats, hits on our listing are up 4x month-over-month and buyers are making plans for the boat shows. So, like everyone in the family, we're optimistic going forward. The new motto for all of us is "make Gunboat great again" -- inside political joke for the American crowd.
  10. Chapter 11 for Gunboat

    It's not possible to lump the "55 owners" into one group and make statements about whether or not they are happy with the new situation. There are really multiple groups of 55 owners. 5502, 5503 and 5504 were all completed before the bankruptcy. As a result of the bankruptcy, they lost warranty coverage but at least they got completed boats out of the situation at or close to the contract price. All of these owners attended the gathering hosted by the new owners of Gunboat a few weeks ago in Newport and are happy that the company and brand is going to survive and thrive and that good people have been hired for the US operations, both sales and service. 5505/5701 was taken out of the Gunboat factory by its owner and completed down the road at Croswait Composites, largely by people who used to work at Gunboat and with a senior member of the Gunboat family as project manager (he's now going to be part of the new US operations team). That's the boat that will be shown by Gunboat at the Newport and Annapolis shows. She has the same hull and deck as all other 55s but otherwise is a completely custom boat, very performance oriented. This owner made the best of a bad situation and my guess is he too is happy with the new Gunboat. There is another 55 (5507 or 5508, I think) being completed in Wanchese, alongside the one-off 78 that was also being completed at the time of the bankruptcy. Both of these boats are being completed by a company that was set up by the owners to complete the boats once it was decided to wind down operations at Gunboat. The owners are great people and it will be good to see them finally on the water, albeit after having waited too long and paid too much for their boat. The remainder of the roughly 15 people who put down deposits for 55s or had 55s in construction are the ones who were hurt the most by the bankruptcy. Some people had put down deposits but their boat had not started construction, so they have nothing. Some people were in the middle of construction, own their partially-completed boat and are still deciding how to proceed. Other people (due to a change in Gunboat's build contract) were in the middle of construction but don't actually own the boat, despite having paid lots of money to old Gunboat. It will be interesting to see what happens to these boats, hopefully some will still be completed. The owners of 5506 onward were significant creditors of old Gunboat. I heard that GLY worked with at least some of them in order to win the bidding for Gunboat's assets but don't know the details. But based on my experience so far with the new Gunboat team, both in the US and France, I would be very surprised if those deals were not being honored. The new team has gone above and beyond in their engagement with and support of the entire existing Gunboat family and we're all much better off than we were under the old situation. In the end, we all know where the fault really lies, and my guess is those stories and details, dating back to the earliest days of Gunboat, will never be fully aired. But if Clean ever decides to write a tell-all expose book, it would be a bestseller.
  11. Chapter 11 for Gunboat

    Just to clarify, the boards were an issue on the 60 series that was built in China by Hudson. To Peter's credit, my understanding is he repaired all of them at the North Carolina yard at significant expense (to Peter/Gunboat, not the owners) -- one of the reasons for the bankruptcy and the subject of the lawsuit between Gunboat and Hudson (which I heard was settled but don't know details). Foilman/Phil is correct that there have been no issues on the 55 blades. 5505/5701 went with the daggers to take the weight of the centerboard structure and lifting mechanism out of the boat but that and other mods required a re-orientation of the interior of the boat.
  12. Chapter 11 for Gunboat

    The 55s and the "57" are all the same hull. 5701 is the former 5505. The owner pulled the boat from Gunboat as the company was going south and she was completed by Croswaite Composites down the road in Wanchese. She is basically completely custom other than her hulls and is now for sale. Very different from the Gunboat-completed 55s, will be interesting to see how. She was splashed for the first time earlier this week and hopefully will be sailing soon.
  13. Chapter 11 for Gunboat

    I have not read the order you mention but did sign up for electronic delivery of notices when the letter first came out. There's no reason only US addresses should be accepted, contact the law firm directly if you want to be on the list. The last notice I got in my email contained the good news that the G4 asset sale to Chen had been reversed on appeal and asking the court to approve the new deal with HC. Congrats to HC for fighting and winning the good fight, it is good to see that part of this cluster-f work out the right way. Needless to say, according to the filing Mr. Chen is pissed, as he should be since he was seriously misled by those who convinced him to bid on the assets in the first place, but that's not HC's problem. I think/hope that once the HC purchase of the G4 assets is complete, pretty much everything will be resolved and the creditors will know how much is available for them to divvy up (after legal fees, of course).
  14. "This Looks Familiar" on FP - Gunboat Knockoff??

    No, Gunboat (the company) is dead and has no assets left, although the brand and some big-boat designs might survive under the new ownership (parent company of Outremer). The IP relating to the G4 was sold separately to a person who appears to be a new entrant. Unclear what he and those working with him plan to do with the G4 plans, but my point is that everyone knows the G4 was a significantly flawed design and to the extent that Shannon and the DNA team have improved upon the original design with the F4, they should have a winner at the expense of anyone producing the "old technology" G4. I just hope DNA has run the legal traps to enable them to build this boat without squawks from G4 people.
  15. "This Looks Familiar" on FP - Gunboat Knockoff??

    Couldn't be more proud of the DNA team and Shannon (and, I am sure, many others) for pulling this off given how they were screwed in the Gunboat proceedings. Also impressive how they stayed in stealth mode for so long. Can't wait to see this on the water. G4 IP is now worth nothing, IMHO, since the F4 is being built by the people who designed, built, engineered and sailed the most on the G4 and know best how to improve it. Why would anyone ever buy a G4, especially from a new builder (whoever that will be)? I'll bet Shannon never has to be towed in from outside the Gulfstream on this beauty.