Seakeeper Inc. is a marine stabilizer manufacturer owned by Madison Industries ($8B+ revenue). Seakeeper sent a dealer termination notice to Starboard Yacht Group on December 2, 2024, with an effective date of January 31, 2025 — the same day SHM executed the marina lockout and the same week Seacoast filed vessel foreclosure. The termination eliminated SYG's 89% gross margin product line, representing $300K+/month in revenue. Seakeeper also extracted a free SK2 replacement unit from SYG through threats, then those same units were characterized as 'stolen' in subsequent Ivankovich litigation. Seakeeper v. SYG is currently pending in the District of Maryland (1:26-cv-01332-MJM).
🔍 Case Study Available
Read the full evidence-sourced account of how a factory-installed SK2 failed in under 18 months, how SYG solved it, and how the coordinated destruction followed.
Read: The Seakeeper Genesis Event →All case information sourced from public PACER dockets and state court electronic filing systems.
This entity is documented as part of the Steven Ivankovich multi-jurisdiction litigation pattern — 20+ cases across 8+ jurisdictions including DIFC Dubai, all sourced from public court records.
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