Superyacht arrests—which are more accurately called maritime arrests—are under an extra-strong spotlight these days. The sanctions against Russian owners who reportedly have close ties to the Russian government have made even average Americans aware of them. The arrests naturally have led to a number of people, including Megayacht News readers, to seek answers. In fact, even without connections to Russians, yacht owners, buyers, and their advisors are seeking answers. It’s actually crucial to understand what superyacht arrests entail and, of course, how to avoid issues, even inadvertent ones, leading to them. Why? You may be surprised (unpleasantly so, in some cases) by the situations under which an arrest can take place. Equally, you may be surprised by the duration of an arrest.
In this episode of The Yacht Law Podcast, maritime attorney Michael Moore and yachting journalist Diane M. Byrne walk you through the most commonly asked questions. Specifically, they discuss:
1. what exactly “arrest” means, and how it requires a court order (in the United States and many other nations)
2. why unpaid wages for crew is not only taken seriously by the courts, but also a leading reason why a yacht can get arrested
3. how unpaid services provided to a yacht also can lead to an arrest
4. other relatively common reasons why a maritime arrest of a yacht may occur.
Listen to this episode via the player above, or on Apple Podcasts, Spotify, TuneIn, Amazon Music, or your favorite streaming service.
Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on this podcast. All requests for confidentiality and/or anonymity are respected.
The Yacht Law Podcast theyachtlawpodcast.buzzsprout.com
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