November 4, 2026
15 min
What Happens to Your Boat If the Builder Goes Bankrupt? (ft. Selene)
Watch or Listen
Wayne Goldman and Paul Cifka of Selene Yachts Americas explain the contract protections they offer new-build buyers, from verified milestone payments to a warranty holdback the US team controls.
Recorded at the 2026 Annapolis Powerboat Show, this Full Displacement episode follows our conversation with Elizabeth Fortunato about her Kadey Krogen 50 Open, which was completed and fully paid when the brand filed for Chapter 7. (link below)
Selene stepped forward to answer our questions as buyers may start to double-guess their new-build decision. 🛎️ Subscribe to Current Yachts
Resources and Contacts:
⏯️ Watch the episode with Elizabeth Fortunato covering the Kadey Krogen bankruptcy: https://currentyachts.com/resources/podcast/she-paid-two-million-dollars-for-a-kadey-krogen
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