Who knows how much insurance the yard had though. Were they adequately insured? What will the insurer offer? May well say hull not damaged. May be no insurance if workmanship and/or negligence. At any rate, not much of an incentive for insurer to settle quickly. And once settled, do those funds go into the general fund or do they get to the buyer? Then what about the lien on the boat as well as other liens that might be placed. Likely a long process and buyer best case likely to get far less than what he's paid to this point.