isa-yachts

Megayacht Builder ISA Yachts Seeking Agreement with Creditors

Italian brand ISA Yachts has submitted notice to trade union and court authorities that it is seeking agreement with creditors. The procedure is designed to stave off insolvency by paying suppliers and subcontractors only a portion of what is owed to them.  A local Italian newspaper has reported that 106 jobs are at risk and…