was the Nordic single handing? I agree that it would be hard to miss that sort of monstrosity bearing down on you.
Wonder how fast MF was moving at the time. It was heeled with most of their rags up, so maybe 10-15 kts? It may have been one of those "oh Sh**, that thing's moving a lot faster than I expected!"
As for the allegation that the Nordic 40 bolted, it was probably "Oh Sh**, I scratched his anchor - that's more than my house!"