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    Saturday, May 04, 2024

    Amistad receiver says funds are enough to keep schooner safe until summer

    Hartford — The receiver for Amistad America’s finances told a Superior Court judge Monday that she has enough money to continue to operate the ship through the end of the next session of the General Assembly next summer.

    The receiver, attorney Katharine Sack, told the court that the money appropriated from the last session of the General Assembly will essentially keep the ship safe through July until legislators decide what to do next.

    Amistad America’s outstanding debt totals more than $2 million. That includes a claim by its former executive director, Greg Belanger, that he is owed $139,000 in back pay and money owed to three members of its Board of Trustees who made loans to the organization, according to a court filing outlining numerous claims against the nonprofit group.

    The financially troubled organization, which lost its nonprofit status for failing to file federal tax returns, is now in the hands of the state receiver. The schooner Amistad is docked at Mystic Seaport, where the ship is scheduled to remain through early spring with a reduced crew of four.

    Come early spring, Sack said, the ship could be moved either to New Haven or New London if New London were willing to waive dockage fees.

    The city of New Haven is donating office space and the ship has a free dock in New Haven, but the area around that dock needs to be dredged and it unclear whether that will be done before summer, Sack said.

    50 groups or people owed money

    Sack also reported on the considerable pre-receivership claims against Amistad America by creditors of the ship, an amount Judge Antonio C. Robaina called “eye popping.”

    The pre-receivership claims are complicated, Sack says, because it is unclear whether the General Assembly will provide any funds to pay them.

    The unofficial debt total of $2,017,609 is owed to 50 groups or individuals. That does not include $404,000 in auditing fees, unpaid payroll taxes and debts incurred by Ocean Classroom Foundation on behalf of Amistad America.

    The creditors include Mystic Seaport, which says it is owed more than $45,000 for work and services it provided for the schooner Amistad; Bank of America, which says it is owed $282,000; and former Capt. Sean Bercaw, who says he is owed $43,884 for 14 months of missing wages.

    Sack said some of the claims are maritime liens, which are filed in federal court, and if pursued can make it difficult to transfer title of the ship to a successor organization.

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