who served as U.S. president to walk upon Sequoia's decks—the full list includes: Herbert C. Hoover, Franklin D. Roosevelt, Harry S. Truman, Dwight D. Eisenhower, John F. Kennedy, Lyndon B. Johnson, Richard M. Nixon, Gerald R. Ford, George H. W. Bush (while Vice President) and William J. Clinton. In 2005, The Mystic Seaport Museum in Mystic, Connecticut entered into an exclusive six-month option agreement to purchase Sequoia from the Sequoia Presidential Yacht Group but was unable to raise the $20 million needed to buy, restore, and maintain the vessel. Upon the expiration of its option, the museum's president told The New York Times, "[He] was disappointed because the Sequoia, a national historic landmark, is probably the most desirable vessel in private hands." Sequoia is currently owned by FE Partners, a portfolio company of the Washington, D.C.-based Equator Capital Group which purchased Sequoia in October 2016 for $7.8 million. Equator Capital is controlled by L. Michael Cantor and is in the process of restoring the Sequoia at a repair yard in Belfast, Maine. When asked about future plans by MegaYacht News, Cantor stated, "Once restored, our intention is to bring Sequoia back to Washington where she will serve as a venue to teach American presidential history and promote ocean conservation causes" FE Partners purchased Sequoia after a protracted litigation with The Sequoia Presidential Yacht Group, the former owner who believed Sequoia to be worth significantly more than the $7.8 million purchase price and filed a January 2013 lawsuit against FE Partners to block the sale. As part of a loan agreement, the former owner had provided FE Partners with an option to purchase Sequoia for $13 million or in the event of a default under the loan agreement for $7.8 million. On August 29, 2013, a Delaware Court entered a Default Judgment against the former owner and confirmed FE Partner's contractual right to purchase Sequoia for $7.8 million. On November 14, 2017, the same Delaware Court found the aggregate amount of funds which had been loaned by FE Partners to the former owner, legal fees, Sequoia's 3rd part debts and the cost to repair Sequoia exceeded the $7.8 million purchase price. As a consequence, the Court also ruled FE Partners was not required to pay any additional funds to the former owner. Upon purchasing Sequoia in October 2016, FE Partners filed a lawsuit against Chesapeake Boat Works of Deltaville, Virginia which