Private judicial yacht sales should be ‘free and unencumbered’

Private judicial yacht sales should be ‘free and unencumbered’

Yacht sales ordered by courts should be “free and unencumbered”, the Superyacht Finance Forum was told. Judicial yacht sales should be “free and unencumbered” by historic unpaid debt to avoid  uncertainty and “the chaotic situation” that has beset some vessels,

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OPINION: Green to become the preferred colour of superyacht designs

OPINION: Green to become the preferred colour of superyacht designs

Superyacht Wider 165 has been fitted with an electric propulsion system; part of the trend towards greener fuels. What’s the colour of your favourite superyacht? Perhaps the classic white of the 70-metre Nourah of Riyad or, at the other end

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Luxury yacht owners to consider green fuel options as regulations tighten

Luxury yacht owners to consider green fuel options as regulations tighten

The superyacht Wider 165 has been fitted with a new electric power management system. Luxury yacht owners and operators will increasingly consider green fuel options as global environmental regulations tighten according to renewable diesel manufacturer Neste, which plans to introduce

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UPDATE: 1MDB lawyer on legal issues with sale of Equanimity

UPDATE: 1MDB lawyer on legal issues with sale of Equanimity

It is not every day that superyachts are sold in execution, but that of the confiscated yacht  Equanimity set to be completed in Malaysia in November or December is expected to be completed smoothly through a sealed-bid auction. The only

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Separating morality from legality – and why yachting has the moral high ground

Separating morality from legality – and why yachting has the moral high ground

I don’t believe lawyers should write too much about morality. But following the disclosure of the ‘Paradise Papers’ in 2017, an onslaught of misguided moral righteousness resulted, villainising the wealthy for using perfectly legal means of investing their wealth in

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Getting prepared for the 2018 yacht season

Getting prepared for the 2018 yacht season

This article originally appeared on HFW’s website written by Alex Kemp, Tom Walters and William Maclachlan. The original briefing can be found here. With the early season yacht shows over and thoughts turning to summer cruising, now is the time

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M/Y Equanimity to be returned to owner

M/Y Equanimity to be returned to owner

Malaysian financier Jho Low’s 92-meter superyacht will be returned to its owner after an Indonesian court ruled that the U.S Department of Justice’s seizure in February was deemed illegal. Indonesia’s South Jakarta State Court claimed that the yacht was not

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M/Y Equanimity seized in 1MDB investigation

M/Y Equanimity seized in 1MDB investigation

A 92-metre superyacht M/Y Equanimity has been arrested in Indonesia after its owner, Malaysian financier Jho Low, was accused of misusing government funds to purchase the asset. The U.S. Department of Justice began looking into the financier in 2016 as

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Robert Allen Law hires senior counsel

Robert Allen Law hires senior counsel

Yacht law firm Robert Allen has hired Blair Brogan to act as senior counsel. Brogan (pictured) will be joining the firm from Oberheiden & McMurrey in Dallas. She is an experienced yacht litigator and transactional attorney who started her career

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Cayman Island offers YET certification

Cayman Island offers YET certification

The Cayman Islands Ship Registry is now offering Yet Engaged Trade (YET) certification, allowing owners to register their yachts as both private and commercial vessels. Monaco-based yacht management firm Rosemont collaborated with the registry over seven months to launch the

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