Vessel Sale Purchaser — DE 87

William Wilson / QF Products LLC

Purchaser of M/V Slow UR Roll II at U.S. Marshal Sale — $160,000 (16% of $1M appraisal)

S.D. Fla. • 0:26-cv-60289-WPD DE 87 • Jun 26, 2026

Price Suppression Evidence

Overview

William Wilson, through QF Products LLC, purchased SYG's M/V Slow UR Roll II at a U.S. Marshal sale on June 26, 2026 for $160,000 — representing just 16% of the vessel's $1,000,000 appraisal (Paul R. Anstey, File No. 15256B, May 8, 2024). The sale was confirmed by DE 108 on July 14, 2026 without an evidentiary hearing. On the same day as the sale, National Liquidators executed an exclusive sales agreement with Wilson/QF Products (DE 86-1), raising questions about pre-sale coordination and the sales process's integrity.

⚠ Sale Price Below Judgment Amount — Price Suppression Pattern

The $160,000 sale price was less than the $168,773.21 judgment amount (DE 70, May 21, 2026). A vessel appraised at $1,000,000 sold for 16 cents on the dollar — with zero evidentiary hearing. The exclusive sales agreement between National Liquidators and Wilson/QF Products was executed the same day as the sale (DE 86-1), suggesting a pre-arranged transaction rather than an open market sale. No court has reached the merits of any objection to the sale or its confirmation.

Key Data Points

$160,000

Purchase price at U.S. Marshal sale (DE 87, Jun 26, 2026)

$1,000,000

Appraisal value (Paul R. Anstey, File No. 15256B, May 8, 2024)

16%

Sale-to-appraisal ratio — 84% below appraised value

$168,773

Judgment amount (DE 70) — sale price was less than the debt

Sale Timeline

May 8, 2024

Vessel Appraised: Paul R. Anstey appraises M/V Slow UR Roll II at $1,000,000 (File No. 15256B).

May 21, 2026

Final Judgment: DE 70 entered — $168,773.21 judgment against SYG.

Jun 26, 2026

U.S. Marshal Sale (DE 87): M/V Slow UR Roll II sold to William Wilson / QF Products LLC for $160,000. National Liquidators executes exclusive sales agreement same day (DE 86-1).

Jun 29, 2026

Notice of Appeal Filed (DE 88): Appeal docketed as 26-12270-G in the 11th Circuit.

Jun 30, 2026

Objection to Confirmation (DE 92): Five grounds raised including sale price, process violations, and conflict of interest.

Jul 1, 2026

Objection Denied (DE 93): Court denies for "lack of jurisdiction... action is presently on appeal."

Jul 14, 2026

Sale Confirmed (DE 108): Order Confirming Judicial Sale entered — without evidentiary hearing. Ministerial title transfer window opens (Jul 15–23).

Connected Parties

National Liquidators →

Court-appointed vessel custodian ($1,080/day). Executed exclusive sales agreement with Wilson/QF Products same day as Marshal sale.

Akerman LLP →

Counsel for Seacoast National Bank in the SCB foreclosure. Dual-track representation with CMR case.

Seacoast National Bank →

Plaintiff creditor. $2,015,400 loan secured by M/Y Octopussy. Filed foreclosure 60 days post-Seakeeper termination.

Primary Sources

PACER 0:26-cv-60289-WPD DE 70 (Final Judgment $168,773.21, May 21, 2026), DE 86-1 (National Liquidators exclusive sales agreement, Jun 26, 2026), DE 87 (U.S. Marshal sale to William Wilson / QF Products LLC, $160,000, Jun 26, 2026), DE 88 (Notice of Appeal, Jun 29, 2026), DE 92 (Objection to Confirmation, Jun 30, 2026), DE 93 (Objection denied, Jul 1, 2026), DE 108 (Order Confirming Judicial Sale, Jul 14, 2026); Paul R. Anstey appraisal File No. 15256B (May 8, 2024, $1,000,000)

Part of the SCB Vessel Foreclosure Pattern

The $160K sale price (16% of appraisal) is central evidence in the SCB appeal (26-12270-G). All information sourced from public PACER dockets.

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