Latest posting update on O/S forum... News item published today by Motor Boats Monthly
http://www.mbmclub.com/auto/newsdesk/20080007175128mbmnews.html which might be of interest to Challenger owners - "Large boat share company ceases trading MBM has learned that Challenger Syndicateships, one of the largest boat share companies in the UK, ceased trading on 3 January. The company, started 15 years ago by husband and wife team Ed and Gill Rimmer, had built up an impressive fleet of shared ownership boats, including 27 narrowboats and top of the range motorboats like a Broom 50, Princess 56 and Sunseeker Manhattan 56 in the Mediterranean. At the time of writing, it is understood receivers have been called in, but that ownership of the individual boats should remain with the 12 members of each syndicate. Mr Rimmer, a well-known industry figure, sits on the board of National Boat Shows, and his company remains a member of the British Marine Federation (BMF), according to the BMF's website. Information from Companies House shows the company as still trading, but with accounts three months' overdue. No one at Challenger was available for comment for this piece. Motor Boats Monthly, 7 January 2008" --- In [email protected], Brian from sunny Suffolk <[EMAIL PROTECTED]> wrote: > > Dave & Chris pretended : > > If you care to read Ownerships board, there are a few posts flying around > > from current Challenger shareholders who seem to confirm the worst :( > > There were also rumours on Canalworld forum over the weekend. > > That should prove interesting as I understand they maintain a share in > each boat unlike the other shared ownership companies so the boats > could well be some of the assets. >
