I’m a lawyer that practices in this area (I don’t represent either company and this isn’t legal advice).  My read on this is that it is serious trouble for Tommy’s, and a headache for Malibu but not an existential threat.   

If the threats Tommy is making against Malibu are true, that would be securities fraud— but I doubt they are, because Malibu’s auditors will have checked for exactly this possibility earlier this year and gotten certifications from Tommy’s this isn’t happening.   The fact that Malibu is still filing annual financial reports, verified by their auditors, tells me the allegations are likely false.  

That said, if I had a boat at Tommy’s,  I would pull it.  Immediately.  Mid service if I had to, because if the company goes bankrupt the boats are likely going to get frozen there for at least the summer. You may be okay, but it’s a very real risk.

Thanks @COOP, you’ve always been a great contributor here. Hoping you stick around. 

Congrats on the new job, @COOP.  Certainly appreciate all  your contributions here.  Best wishes to you in the new endeavor.  

On 4/28/2024 at 8:05 AM, IJM said:

Beautiful day on Lake Havasu yesterday. 

I concur

Quote

I'm curious to see the placement of the springs in the tower.  Please post a photo that shows the general arrangement.  I'm picturing a cantilever arm forward of the hinge, with the springs pulling down toward the tower base.

The springs are horizontal under the top deck.  They attach to the tower via a cable around a pully.  

I would like to replace mine with heavier springs also, if you can find one that would work.