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Naples Boat Club is located in the historic heart of the Old Naples waterfront. A full-service marina dedicated to providing personal attention to its members, Naples Boat Club is also home to residential condominiums and commercial enterprises, all within blocks of the Fifth Avenue Shops and restaurants. Naples, the crown jewel of Florida’s southwest coast, is situated on the sunny Gulf of Mexico beaches. A popular vacation destination for all ages, Naples is well known for high-end shopping, fine dining, art galleries, and calm waters for boating. Naples Boat Club offers a full-service marina that features dry rack storage for up to 167 boats and 47 wet slips. It’s a one-stop shop with an onsite restaurant, marine services, and yacht brokerage. The marina facility is staffed by a dockmaster, and amenities include: full-service fuel dock with free pump-out, access to a forklift, unlimited in and out dry storage up to 40′ LOA, clubhouse, pool, grocery and bait shop, and big screen TV. With a strong team of experienced brokers at our Naples location, Denison is here to help assist in meeting any and all needs, whether it’s brokerage services, a slip, maintenance, local attractions, restaurants, or just a helpful hand!

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Yachts For Sale Near Naples

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Knucklehead Ii 34' Back Cove 2013

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Wine Knot 34' Jeanneau 2020

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23'' Albury Brothers 2020

38' Boston Whaler 2018

38'' Boston Whaler 2018

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Business | Yacht broker responds to antitrust lawsuit:…

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Business | yacht broker responds to antitrust lawsuit: we’ve ‘done nothing wrong’.

Yachts are among the vessels seen on display in this 2019 file photo in Palm Beach County. New lawsuits, filed in 2024, aim to upend years-old ways of awarding commissions to brokers representing boat sellers and buyers. (South Florida Sun Sentinel file photo)

A Fort Lauderdale-based yacht broker is seeking to dismiss a lawsuit alleging that it and numerous other members of South Florida’s yacht industry engage in unfair competition by requiring 10% commissions be paid by purchasers of preowned boats.

Denison Yacht Sales is the first of a group of yacht brokers, mostly based in South Florida, to respond to allegations leveled in three antitrust lawsuits filed in U.S. District Court in Miami.

The lawsuits claim that trade associations, including the International Yacht Brokers Association, work in conjunction with Multiple Listing Services and individual yacht brokers to require that commissions are paid to brokers for both sellers and buyers.

The first lawsuit was filed by Wyoming company Ya Mon Expeditions on Feb. 29.

The second lawsuit was filed on March 22 by Alabama customer Kip Lamar Snell, while a third was filed on March 26 by a company called Magna Charter LLC, identified as a yacht purchaser who paid a commission.

On Monday, a federal judge assigned to two of the three lawsuits agreed to a request to consolidate them into a single suit.

The lawsuits are patterned after litigation that accused the National Association of Realtors of conspiring with real estate brokers to artificially inflate commissions paid when homes are sold.

A federal jury in Kansas City, Missouri, issued a ruling in October favoring the plaintiff. On March 15, the Realtors agreed to a settlement that’s expected to force major changes in how homes are sold in the United States.

Denison’s motion in the Ya Mon Expeditions case requests dismissal of the claims against only Denison, asserting that the company “has done nothing wrong and is being sued for merely being a yacht brokerage and having had an executive that served on the board of” the International Yacht Brokers Association.

Denison states that it has been “lumped into these broad-stroke allegations” that it has “implemented,” “adopted” and “enforced” a rule requiring inflated commissions of 5% each for the seller’s and buyer’s brokers.

The lawsuits refer to the alleged commission requirement as the “Buyer’s Broker Commission Rule.”

But Denison’s motion states that the broker “has no such requirement, does not require its brokers to be members of any association” and does not “require use of any MLS, nor mandate brokers pay cooperating brokers (inclusive of buyer’s brokers).”

Denison is “purely free market” and its “only major requirements are that its brokers be legally licensed and impeccably honest,” the motion states.

Further, the motion states that the lawsuit fails to make specific allegations regarding Denison while making “vague and conclusory” charges against all 15 defendants.

The only specific allegation that forms the basis for naming Denison as a co-defendant, the motion states, stems from company president Bob Denison’s membership on the International Yacht Broker Association board of directors, the motion states. That allegation cannot be used to hold Denison Yacht Sales liable, because there is a lack of “evidence of actual knowledge of, and participation in” what the plaintiffs allege is an illegal scheme.

Other shortcomings of the complaint, as identified in the motion, include failure to allege reasonable restraint on trade or an antitrust injury.

Denison is represented by Beverly Hills, California-based attorney Christopher Brainard, and Emily Heim of Bayramoglu Law Office LLC of Henderson, Nevada. Heim did not respond to an email on Monday and Brainard said he had no comment on Denison’s motion or the cases against the yacht broker industry.

Denison’s response is likely just the first of a cascade of court filings to follow as the consolidated case seeks class-action status.

Late last week, attorneys came forward representing defendants Boats Group LLC, Permira Advisers LLC, United Yacht Sales LLC, HMY Yacht Sales, Galati Yacht Sales LLC, MarineMax Inc., and Northrop & Johnson Yacht Ships LLC.

On Monday, U.S. District Judge K. Michael Moore granted a request by two of the law firms representing Ya Mon Expeditions and Kip Lamar Snell to consolidate the three “nearly identical” cases into one, effective immediately.

The judge’s ruling stated that consolidating the cases would “streamline these proceedings and eliminate unnecessary repetition and confusion.”

Moore, however, said he would decide on the law firms’ request to appoint them as interim co-lead counsel in the consolidated case “in due course.”

If the request is granted, interim co-lead counsel responsibilities would be divided among Robbins Geller Rudman & Dowd LLP, an antitrust firm with offices in 10 cities, and Miami-based Podhurst Orseck P.A., a nationally known firm that specializes in complex commercial and class action claims.

Ron Hurtibise covers business and consumer issues for the South Florida Sun Sentinel. He can be reached by phone at 954-356-4071, on Twitter @ronhurtibise or by email at [email protected].

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OneWater Marine Finalizes Acquisition of Denison Yachting

denison yacht sales florida

In 2021, the Denison Yachting managed over 1,000 closings and saw an increase of 177% in yacht charters. The company operates 21 offices, including eight throughout Florida and one in Monaco. It has been ranked No. 1 in the world in superyacht sales for three consecutive years based on data provided by Boat International.

OneWater Marine Inc. is one of the largest and fastest-growing premium marine retailers in the U.S. OneWater operates 75 retail locations, 10 distribution centers/warehouses and multiple online marketplaces in 20 different states. The acquisition follows record-setting numbers by both companies at the Miami and Palm Beach Boat Shows and further advances OneWater’s growth and diversification strategy by enhancing its product portfolio and customer reach. 

“Strong consumer demand continues to fuel our growth and strengthens our position as industry leaders throughout the United States, Europe, and the Mediterranean,” Bob Denison says, president of Denison Yachting. “Denison’s team of experienced yacht brokers is unparalleled in the world of yachting. Their commitment to taking incredible care of clients will be accelerated thanks to OneWater’s tools, resources, and support. We are excited to be joining the OneWater family, and we look forward to what our shared future holds.”

“We are thrilled to welcome Bob Denison and his team into the OneWater family, which expands and strengthens our presence in the superyacht and yacht categories,” Austin Singleton says, Chief Executive Officer for OneWater. “As we move through the second fiscal quarter, we continue to capitalize on record demand and a growing backlog. Orders at the Miami Boat show were off the charts for both OneWater and Denison, which underscore our combined position as the premier marine retailer of choice, from superyachts and yachts to traditional boat sales, parts, and service. We look forward to enhancing our leadership position in the market in the coming years.”

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Drew Limsky

Editor-in-chief.

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

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MJ Yacht Pro Logo | Tampa Bay Yacht Broker

NEW and USED YACHTS FOR SALE

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New and Used Boats and Yachts for Sale Near Tampa Bay, Florida

MJ Yacht Pro is your go-to yacht broker in Tampa, St. Petersburg, and Clearwater, FL, and specializes in boat sales and yacht sales, including super yachts and charters. Explore our curated selection of superyachts, motor yachts, catamarans, sailboats, and trawlers.

Prospective yacht owners can refine searches by brand, make, type, length, price, and even purchase with cryptocurrency like Bitcoin. Elevate your maritime experience with Denison Yachting's unparalleled selection of luxury yachts, catering to the diverse tastes of Tampa Bay's boating enthusiasts.

Yacht Brokers Make Boat Buying Simple

Navigating the world of boat purchasing can be complex, but a skilled yacht broker simplifies the process. With in-depth knowledge and industry expertise, a yacht broker streamlines your search, providing access to a curated selection of vessels that match your preferences.

From understanding market trends to negotiating deals, a broker handles the intricacies, ensuring a seamless buying experience. Save time, avoid pitfalls, and enjoy peace of mind as your yacht broker guides you through the entire journey, making your dream boat acquisition straightforward and stress-free.

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2005 New Zealand 115' Wave Piercing Power Catamaran

2005 New Zealand 115' Wave Piercing Power Catamaran

2023 Mystique Silhouette 800 Sail Catamaran - SKYE | Catamaran for Sale Florida

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Sunseeker Manhattan 55 Flybridge | Tampa Bay Sunseekers For Sale

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2021 Solace 41 CS with Trip-Yamaha 425 XTO | Boats for Sale Clearwater, FL

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2020 Boston Whaler 420 Outrage

2020 Boston Whaler 420 Outrage with Quad Mercury 450R

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2022 Regal 38 SAV with Triple Yamaha 300

1999 Grand Banks 42 Europa Trawler

1999 Grand Banks 42 Europa Trawler

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1980 Grand Banks 42 Europa

1980 Grand Banks 42 Europa

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2015 Prestige 550 Fly Bridge with Seakeeper 9

2015 Prestige 550 Fly Bridge with Seakeeper 9

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2009 Silverton Ovation 52 with Volvo Penta 600 IPS

2009 Silverton Ovation 52 with Volvo Penta 600 IPS

2007 Silverton 39 MY Aft Cabin with Twin Cummins

2007 Silverton 39 MY Aft Cabin with Twin Cummins

2019 Everglades 335 CC with Twin Yamaha 425 V8

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2019 Robalo 302 CC with Twin Yamaha 300

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COMMENTS

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  16. Yacht broker asks to be removed from antitrust lawsuit

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