The growing importance of this sector of maritime law has led to a more profound specialisation by our law firm in the subject.
We are now a point of reference for anyone who needs to tackle complex negotiations for the sale of a yacht or for the conclusion of contracts for the construction of new boats (by free bargaining or through the use of standard forms such as the MYBA), with the necessary financing and with due attention to applicable fiscal arrangements.
Our practice uses our own custom-made forms for sale, construction, exchange, charter, loan and contract agreements.
Lawyers of this practice will use procedural instruments such as precautionary procedures and emergency assistance where necessary as they regularly assist customers in disputes with shipyards relating to the quality or the execution of the shipbuilding or repair, the guarantee for defects, with the assistance of specialist technical consultants relating to specific areas of competence, and any other dispute related to various phases of the use of the vessel.
CONSTRUCTION AND SALE OF LUXURY YACHTS
Assistance to a yacht-building shipyard for the construction and sale of a luxury yacht to an Asian company: drafting and negotiation of the construction contract, delivery of the yacht, financing through bank loan and related guarantees
PURCHASE OF ITALIAN YACHT ACCORDING TO MYBA
Assistance to a U.S. owner in the purchase of a pleasure craft flying the Italian flag. The negotiation of a contract of sale drawn up using the MYBA form, participation at the closing, checks with the Italian registry on the cancellation of the boat from their register
Assistance to a shipowner in purchasing a pleasure boat through the system of Maltese leasing
ISVAP REGISTRATION FOR INSURANCE OF YACHTS IN ITALIAN WATERS
Assistance to a group Norwegian insurers in the registration procedure by the Italian Authority for the Supervision of the Insurance sector (ISVAP) for the purpose of issuing certificates attesting to civil liability insurance of Italian or foreign pleasure craft that sail in Italian waters
PURCHASE OF YACHTS FLYING THE ITALIAN FLAG
Assistance to a Turkish owner in the purchase of a pleasure craft and management of issues relating to its registration under the Italian flag
PURCHASING BY A TURKISH LEASING COMPANY
Assistance to a Turkish leasing company for the purchase of different leisure craft flying the Italian flag. Participation in the closing. Assistance in export procedure of the boat as a result of the cancellation from the Italian register for sale abroad