Back to homepage

Expertise

Yachtbuilding: Court of Appeal considers implied duty of cooperation in shipbuilding contract

Yachtbuilding: Court of Appeal considers implied duty of cooperation in shipbuilding contract

Chris Kidd discusses the case of Swallowfalls Ltd v. Monaco Yachting & Technologies S.A.M. & Anor.  In a decision relevant to both buyers and builders of yachts, the English Court of Appeal considered whether a loan for the construction of a

Read Full Article
Building a yacht in Germany: Which law should you choose?

Building a yacht in Germany: Which law should you choose?

Tim Schommer, Ince & Co, explains a buyer’s freedom to choose English or German law when building a yacht in Germany.  Photo: Abeking & Rasmussen, Germany  Newbuild contracts for yachts are often subject to English law, which is commonly chosen

Read Full Article
The risks of over insurance: M/Y GALATEA

The risks of over insurance: M/Y GALATEA

Andrew Spyrou, Holman Fenwick Willan, considers the recent case of Riva’s M/Y GALATEA, which was destroyed by fire in an Athens Marina.  The owners sought €13 million from the insurers of the vessel as she was a constructive total loss, but

Read Full Article
A guide to buying a superyacht

A guide to buying a superyacht

Daniel Crockford, Keystone Law, guides you through everything to consider both before and during a yacht transaction.  Buying a yacht can be equally exciting and daunting. But, as with all property transactions, knowledge really is power. Advisers “A lawyer may be seen

Read Full Article
Free advice from leading superyacht lawyers

Free advice from leading superyacht lawyers

Some free advice is not worth what you paid for it. But this is not always true. Specialist superyacht lawyers get to see more transactions from different yards, brokers or buyers than any other group involved in deals. We asked

Read Full Article
World’s leading superyacht lawyers

World’s leading superyacht lawyers

Anyone considering buying a superyacht will already have at least one trusted lawyer or firm that has advised on corporate work, trusts or property transactions. So paying for a specialist superyacht lawyer may seem like an unnecessary expense. It is

Read Full Article
MT Højgaard v. E.ON Court of Appeal decision

MT Højgaard v. E.ON Court of Appeal decision

MT Højgaard v. E.ON Court of Appeal decision: a shot across the bows for any builder using third party specifications and allowing fitness for purpose into their contracts Yacht builders frequently need to rely on specifications developed by third parties,

Read Full Article
What “as is where is” really means in yacht sale contracts

What “as is where is” really means in yacht sale contracts

Jamilia Khan, Ince & Co, analyses terms of yacht sale contracts. The commercial understanding of the phrases “as is” or “as is where is” has always been that a buyer must take a yacht in the condition in which she is

Read Full Article
How good claims can be invalidated

How good claims can be invalidated

Richard Hugg, Ince & Co, explains how good claims can be invalidated by passing false information to your insurer. In a 2014 judgment of considerable significance (Versloot Dredging BV v. HDI Gerling and others (DC Merwestone), the English Court of

Read Full Article
Brokers beware: Protect your commission

Brokers beware: Protect your commission

Patrick Ryan from Ince & Co discusses the issue of brokers’ commission Yacht brokers who invest time and money working towards a potential yacht sale expect to be rewarded for their efforts by receiving a commission when the deal completes.

Read Full Article

Superyacht Insight

Sign up for Superyacht Investor Email Insight

* indicates required